News /
Moody's credit rating of Poland unchanged, but outlook slumps [64]
The fact is that the Warsaw stock exchange has become the worst performing in the region (and almost the worst performing in the world) since PiS
So how about you quote some independent experts (the real ones, not the LiS/Newsweek/KOD/PO pederasts) who claim that it's due to actions of PiS ?
Agree about ratings agencies being difficult but there is a simple method to avoid them - don't borrow money.
Unfortunately it's not that simple, most of the new government bond issues are related to debt rolling operations (in 2015 alone that was +100 billion), basically paying off the old debt with the new one, so that would happen even If the current deficit was 0. Most of the governments these days have to deal with the outstanding debt at hundreds of billions at least, from day 1 when they take over the office, so they are dependent on the banksters and their ****** "rating agencies" anyway. The only alternative would be running a huge surplus and pay off most of the debt accumulated over decades within several years. That, next to being basically impossible, would push any economy into recession.
I've posted numerous times in this thread
Yeah, "lol", "lies" etc. You clearly have no clue about rating agencies and their "performance".
Why do you think I work in a kindergarten?
Because you admitted that several months ago.
And why care so much about Poland anyway? As your profile says, you live on a "Plantation (abandoned Poland so long ago)"
Christ on the bike, ever heard about sarcasm ?