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Earthquake & Tsunami hit Japan with uncertain consequences

Yesterday, around 14.45, a massive earthquake rocked  N.Japan for a minute or so…

The Earthquake had a massive 8.9  magnitude in R scale and triggered a Tsunami wave that hit the East coast of Japan in less than a quarter of an hour…

this is a video that still gives me goosebumps

there are numerous videos that are showing the affected zone being overwhelmed by the biblical destruction force of the huge wave.

There is an official count of human loss of around 1,500 people, but unfortunately there are thousands of people missing.

In addition, there were fears yesterday – which today became reality- of dysfunctions on the Nuclear plant near the epicentre of the quake. Dysfunctions which translates into a huge explosion in the early hours of  Saturday…

fingers crossed,

Our thoughts are with the  people of Japan

 

 

Downgrading Greece, My @ss !

Now, I am really pissed off!

Some White-collared, Armani and D&G suited with silver cuff-links Macho Yuppies from London’s City together with their counterparts in the States decided to make those Greeks pay for the whole World’s Debt… thus, the Moody’s Investors service Downgraded Greek Economy  to B1 from  Ba1…

the catch for this downgrading is the details on what exactly the Moody’s Rating agency stands for …and to whom that may be useful.

Meet the Fockers!

CREDIT RATINGS ARE MOODY’S INVESTORS SERVICE, INC.’S (“MIS”) CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES. MIS DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL, FINANCIAL OBLIGATIONS AS THEY COME DUE AND ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. CREDIT RATINGS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. CREDIT RATINGS DO NOT CONSTITUTE INVESTMENT OR FINANCIAL ADVICE, AND CREDIT RATINGS ARE NOT RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. CREDIT RATINGS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. MIS ISSUES ITS CREDIT RATINGS WITH THE EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL MAKE ITS OWN STUDY AND EVALUATION OF EACH SECURITY THAT IS UNDER CONSIDERATION FOR PURCHASE, HOLDING, OR SALE.

 

So, why the heck do these ratings exist ???????

To make our lives miserable and to affect our depression negatively

 

And on the other hand, Greece has to face  Chancellor Merkel and a cowardly run E.U.

Come on!

Let us Breath, we give, and we give more and still we are Junk !