tag:blogger.com,1999:blog-3120478448417742445.post945336416999751256..comments2024-03-24T06:35:14.281+00:00Comments on The Portuguese Economy: Moody's lazy screw upEditorhttp://www.blogger.com/profile/16779405217168307855noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3120478448417742445.post-88878697209468530572015-05-20T17:03:30.678+01:002015-05-20T17:03:30.678+01:00In Portugal I am the customer, the buyer and the m...In Portugal I am the customer, the buyer and the manufacturers will not send me the goods or send me a short order or very often they would tell that they shipped to the wrong warehouse or even the wrong city. And so I am forced to wait for a few more week and sometimes after waiting for 3 or 5 months I am told that my order simply can not be fulfilled. If the country was run by communists, I would understand... Thanks for quite friendly people in Portugal which makes things a bit easier. Don't worry, I will wait, I love waiting and finally receiving at least part of my order, even if some of it is damaged. After all, it is a nice country.Sunshinehttps://www.blogger.com/profile/00970158403773288334noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-68182553856112849522014-01-21T17:10:03.596+00:002014-01-21T17:10:03.596+00:00Same shit different day.... Nothing has changed. T...Same shit different day.... Nothing has changed. This week our beloved prime-minister, or that's what he calls himself, said that the Moody's upgrade on Portugal was a positive sign... a positive sign for who I wonder! After all of this we still take in consideration these international mercenary finance companies who work for the highest bitter (Moody, S&P and so on). Where were these cocained yuppies in 2008 when the yankee subprime bubble busted... AIG with an AAA+ note... please. The economic war is global and we were the weakest link along with Greece and Spain. However it's true that Portugal has many economic and structural problems that have to be solved starting with a working justice system that will incarcerate corrupt politicians, battle tax evasion, end the parallel economy and put the banking corporations in its place. In no other country in the world we would a have an idiot like Paulo Portas lie to the Portuguese by giving a new meaning to the word "irrevogável". This idiot almost brought Portugal to its knees in mid-2013 because he didn't get what he wanted. What I don’t understand is how Portuguese emigrants are seen as hard working people all over the world... but here nothing works, nothing gets done. I wonder why?<br />Another thing is our media, which is completely sucked in by the system (and in some cases part of it). How is it possible that our main opinion makers that grasp the prime-time audiences are made by ex-politicians, politicians, 5th level economists and other idiots... elitists commenting on the crap they did. In no other so called civilized country would this be possible. People would simply not accept this.<br />We do have honest and serious economists, journalists, sociologists and scientists with valid theories and opinions on how to overcome this situation caused by this brainless so called elite that is more concerned in protecting each other’s interests, than in developing the country.<br />Nobrehttps://www.blogger.com/profile/01803944894579973785noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-70702007213773052962011-07-11T22:53:29.188+01:002011-07-11T22:53:29.188+01:00This comment has been removed by the author.J Eduardo Brissoshttps://www.blogger.com/profile/01001742885356206359noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-29773351450093581832011-07-11T13:39:50.019+01:002011-07-11T13:39:50.019+01:00The slight probability of Portugal in the future h...The slight probability of Portugal in the future having difficulties needing some help from creditors to extend payment deadlines is no reason to justify a downgrade to junk. About the economy being stagnant, as well pointed out, old problem which has brought us to the current rating level.<br />At most, the two justifications they gave plus the extra tax and the measures already taken by the new govern would justify keeping the rating, never a downgrade to junk. Portugal can still pay and is paying.<br />I would probably go into some of the conspiracy theories: a speculative fight against the Euro picking up on the most vulnerable countries; a speculative attack of Portugal's biggest companies market value, and companies being privatized, so they are cheaper to buy*; a way to rip off more interest rates from a debt junky.<br /><br />*- Capital Group, which owns part of Moody's also has a 10% participation in Portugal Telecom, for instance.<br /><br />@DéDé, please rant about abstention elsewhere. People that don't want to vote, don't vote and that's it.Sauronhttps://www.blogger.com/profile/04491342260202121159noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-88319278664974602162011-07-10T11:57:00.336+01:002011-07-10T11:57:00.336+01:00Dédé, you need to read it properly. It says 80% of...Dédé, you need to read it properly. It says 80% of the VOTE. Not all possible voters have voted on the last election. By your figures, we wouldn't even have a Government with two of those political parties.JAMhttps://www.blogger.com/profile/08475932564960477389noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-6281540863042011082011-07-10T02:34:49.532+01:002011-07-10T02:34:49.532+01:00"In fact, with recent elections giving 80% of..."In fact, with recent elections giving 80% of the vote to parties that are committed to the IMF program"<br /><br />Not quite, I would say 45,5%, and NOT all those electors are committed to the IMF program. <br /><br /> All electors.............9.624.133<br /> PSD.......................2.159.742<br /> PS.........................1.568.168<br /> CDS..............-.........653.987<br /> Sum......................4.381.897<br /> Percentage................ 45,5%Dédéhttps://www.blogger.com/profile/13328317467310507347noreply@blogger.com