Rating-Agencies, thank you

Don’t blame Moody’s for a messy euro crisis -

Aus einem Artikel von Wolfgang Münchau in

"Everybody hates the rating agencies and no one hates them more than the Europeans. The rating agencies were, without a doubt, an important contributing factor to the credit bubble. But last week, they did us a favour. They showed that populism will not work. The European Central Bank is absolutely right on this. A Greek default will unleash a dynamic process that will threaten the eurozone’s financial stability, even its very survival"

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