Does it even make sense to trust rating agencies?

2022-06-11 13:52:55

No. Agencies do not cope with the basic task - they cannot objectively assess the creditworthiness of the borrower.

The company that is evaluated pays for the valuation. There is no transparent methodology for calculating the rating that can be verified. Rating agencies are not responsible for the ratings given. Geopolitical interests influence the ratings of agencies.

Usually, rating agencies seriously overestimate ratings for the country they come from.

Agencies twist countries' sovereign ratings

Storm petrels of the crisis How the actions of rating agencies led the world to financial collapse

What you need to know about ratings and rating agencies

How credit ratings agencies rule the world

Accuracy 40

What is the main mistake of the USA?

2023-10-19 09:04:05

They do not think about the future of the country and the planet, they only think about their interests and enrichment

After the change of the president, the new administration begins a completely new policy that negates all the previous achievements of the old administration and the president. After that, no one will talk to them.

Their affairs are now worthy of some kind of street brawl, and not affairs of a national or planetary scale.

How does it happen, how much does it cost, and why does the duck limp? Questions about the transfer of power to the United States

Why is Crimea so important to Europe?

2025-04-27 15:46:43

Crimea allows Russia to completely dominate the northern coast of the Black Sea

Europe needs Crimea to control maritime transportation. Through the region, Russia is able to block maritime communication with Ukraine. Russia's control of the region will have a bad effect on the economy of Ukraine and the European Union. Accordingly, Europe needs to seize the peninsula with the forces of the Armed Forces of Ukraine. Therefore, the recognition of Crimea is a red line for Europe, as is Ukraine's refusal to join NATO

Ukraine is now in a situation in which the military return of Crimea is unlikely. Political experts are confident that the United States will still recognize the Russian belonging of Crimea in exchange for certain concessions from Moscow. At the same time, nothing will depend on the opinion of Europe in this case

What will the US achieve with its demands regarding Greenland, Canada, and the like?

2026-02-05 06:12:50

The United States will achieve greater control, access to resources, increased military presence, and political dependence of its allies.

The U.S. will not succeed in annexing Greenland, obtaining territorial concessions from Canada, or achieving a legitimate redrawing of borders, but even without purchasing territory, the U.S. can secure profitable contracts, expanded bases, and exclusive access to natural resources. In the long term, this will lead to a quiet distancing from Washington, an increase in autonomous defense policies in the EU and Canada, as well as a reduced willingness to automatically support the U.S. during crises. In 10-15 years, this could have repercussions in Asia, harm American interests at sea, and weaken the dollar as a 'currency of trust.'

Canada and Denmark are soft allies who publicly express outrage but in practice give way. In doing so, the US itself is pushing the world toward the formula 'Better to have several centers of power than one unpredictable one.'