Französische Kreditratings von Fitch, jedes Jahr ab 1994 ab 1994
https://i.redd.it/ezyjcowv1xof1.png
Von Blomsterhagens
Französische Kreditratings von Fitch, jedes Jahr ab 1994 ab 1994
https://i.redd.it/ezyjcowv1xof1.png
Von Blomsterhagens
24 Kommentare
Source:
[https://www.fitchratings.com/entity/france-80442195#ratings](https://www.fitchratings.com/entity/france-80442195#ratings)
Turns out letting a banker run your country is a bad idea
It could be a literal do nothing job, just drink margaritas an let the money roll in
Still they fuck it up and steal billions out of the tax payer’s pockets to cover their crimes
This is going to be a problem. It’s an upcoming euro crisis on another level as with Greece.
Iirc this is not the first time that France has that rating, so I wonder how the graph would look like on a larger time scale and what the reason was for previous lows.
For context: A+ is the same rating as for Estonia, Belgium and Israel (from Fitch).
Things turned to shit once Chirac left office. Everything was better back then.
Oh wow, rating agencies are worth nothing. So, what’s new?
I think he should rate us more besides they failed during the various crises
I think this is a Russian or American bot.
Have we all realy forgotten how credit rating houses fueled and prolonged the last financial crisis with their questionable ratings?
„A+ sous l’bus“, as we say…
Even that seems too high for their current financial situation
What happens if one EU county credit goes to Junk? Is it backed by the EU? Like in the USA, a state or city can issue debt or bonds but it is NOT, Guaranteed by the United States. Just curious.
This is the thing.
People constantly cheer about things that make no sense (i.e keeping retirement age the same) not thinking about how it just fucks their country over even more, and especially in the future.
The Western World (unfortunately) needs to make huge changes to retirement to survive and have good economies again.
True
By all metrics other than market cap, this should be the same for the US.
2012-2014 Macron secretary at the president cabinet
2014-2017 Macron minister of economy and finances
2017-today Macron president of the republic
„The Mozart of finance“
Same ratings agencies that signed off on Wirecard, most of the junk debt that imploded the economy in 2008, etc… just baffling people put any weight into these glorified pontificators.
Aah yes, the highly reputable, not shady at all, not responsible for entire financial crisis thanks to their shady behavior… Financial sector has spoken !
Back then we used to sacrifice animals in such cases. Today it’s easier all we have to sacrifice is the workers, the retirees, the school system, the army, democracy, and *maybe* it will appease the financial Gods. Look at Trump and the US rating ! They clearly appeased the Gods with their… Oooh, turning fascist do appease the Gods. Good to know
This is a non event and you all know it.
Thats what 30 years of neo-liberalism give you
I really dont like those „notations“. 3 american companies having a monopole on rating business. They can put all the pressure the way they want.
Credit rating is calculated on the basis of your financial situation that is based on fiat currency that is printed from the air. Unfortunately money isn’t a physical thing; it’s an abstract system of trust and promises. It only has value because people believe in it, making it a social construct rather than a tangible asset.
What’s funny is that Fitch Ratings is majorly own by a French citizen through his family holding, Fimalac.
Google *Marc Ladreit de Lacharrière*.