S&P upgrades Irish debt outlook
Link Below:
http://www.irishtimes.com/newspaper/breaking/2013/0212/breaking5.html
S&P says things are getting better for Ireland, based on their past inability to forecast anything - can we believe them?
So S&P reaffirmed the credit rating. If the deal was so good . Why didn't they give a higher rating.
These agencies are paid by financial institutions for their ratings. This is not a secret. In fact they are quite open about it. Yet we still follow it like the gospel. We always were good church goers...
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