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... just not knowing how to read the alphabet

In these times of financial crises, currency crises, economic crises and crises of ingenuity (but not identity), Howl has realized that many speak of markets, stocks, bonds, credit ratings and long words techno-economic but no one then goes on to explain what they mean.
It 's a bit like asking someone to read something without first explain what the letters of the alphabet! If you allow
Howl at the presumption of wanting to explain to you gentlemen, what is spoken in these gloomy economic times, continue to read this post. Otherwise Howl apologize and invite you to find the next location where the stop sign, or maybe it has already stopped.

recently spoken of the enormous power that rating agencies perform . But what are these credit rating agencies? Again: What is the rating? And why are the agencies to assign?
Given that the obvious does not control anyone, Howl went to peek ...

The rating system is a risk rating of bonds .* The

the rating is expressed with a value in points, from best to worst AAA C or D, depending on the agency to which you refer. Affects the difference between the expected return and risk-free interest rate of the company concerned. Put even more simply: the better the rating assessment, and the lower the likelihood that the company on which the casting of a vote becomes insolvent.
The rating is therefore a "thermometer" to measure the strength of a listed company, namely its ability to repay debts. This particularly affects the trust that investors riporranno in these companies.

an example. Company X is publicly traded. X is rated A. If your rating is lowered to BBB, the interest rates charged by banks for their loans will be adjusted upward, because the company X is now seen as less "safe" and likely to face such charges, the X will be forced to "beat box", such as selling assets.
Conversely, if the X rating was raised to AA this would be judged by the market as a sign of structural reinforcement of the company X. Consequently the interest rates charged by banks could decrease, investment made by shareholders would be evaluated as more secure, and ultimately there would be an increase investment on X.
well understood that the rating is of huge importance! But on this we will return further on ... The

the rating is assigned to private agencies carrying out this task for a fee (who would have thought it? Haha) and now there are three: Standard & amp; Poor's, Moody's and Fitch Rating . These agencies launched a study on which to make judgments on society, and finally a college down the rating. The rating may be published or kept confidential, but the issuance of opinion on the agency held under constant monitoring on which the company has delivered on his vow. After this

spiegone technical considerations are: being so important to the rating agencies that determine they have virtually the power of life and death on the stock market. If agencies, for one reason or another, were wrong to express an opinion on a state or a large corporation, could bring down thousands of investors. It 's a bit what's going on in Spain: the market has invested heavily in the country's debt, but a few days ago, the rating agencies have lowered their opinion, challenged the English economy ... All with inevitable repercussions on the real economy of the subjects of King Juan Carlos ...

Howl hopes of being clear exposing a subject as complex but extremely important. Howl
justify them if it failed long, boring technical steps, but the subject of this post is to clarify and not to be picky.

* Bonds are simply called bonds or bond, or an instrument issued by companies or government agencies that pay those who purchase them to levy a capital un'interesse adding back.

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Digital Divided: The connection does not work when it rains

"Exit tonight?"
" I can not, when I have no shoes! "
" What happened? "
" I've lost on Mars! "

you ever can not do a thing for a reason that you can not explain in a credible way? Definitely yes, although at lower levels than sober. But do not bother agents Mulder and Scully. The aliens have nothing to do . I think. That's what is going to speak to Howl: its experience in digital Divided. It Howl confesses that he would be there with you at this time, to see the face I'll read the next sentence.

Connecting Howl works only if not raining. That's right. I guess of course, you have that expression in the balance between the serious and the ridiculous. But you're not on the brink of the precipice, the choice does not involve conflicts. Abandoned well that pout by metaphysical wonder, and indulge in a big laugh. In this case you would be certainly more compassionate and sympathetic towards Howl. Whether you write-off line, because this morning it rained.

For those of you who still retain the expression of amazement, Howl tries to say a few words, hopefully without boring. The way things are. Howl lives in a place of German Romanticism, not only for the beauty of their surroundings and the distance between a telephone switch and the next. And the line is much older than him, to say the least. This means that the cable is slightly crippled, a victim of the ferocious erosion of our time. Howl is eroded to the liver, it erodes the power line, so to speak. So pioviccica that just happens, the drops penetrate the joints of the cable, the connection does not work. That's it.

Over the years there have been the best and worst of that telephone company technicians who may know. It has the red logo, and contact with the 187. Have to excuse him if Howl does not name the company but wants to maintain absolute secrecy, not to let the world know that Telecom is an eyesore of a blind man. They came the engineers, it was said, and they all decided to replace 500 meters of cable. In your opinion, how did it go?

It 'turned out that this cable is not gliel'hanno never changed. Howl sees clearly that this is not there surprising. Howl is with you.

Change coast line of 500 meters too many pennies. And Howl's house is the last of the cord. To be clear, there are houses, after that of Howl, who use the phone. It means that the company is not prepared to make the name, it would cost effectiveness in dealing with a charge like that, just for a house. Then it is not even the moon ...

In any case, without a shred of a bit in his pocket, let it dry Howl line to return to speak with you. Should you have any free time that you do not know how to use, Howl invites you to his home for a session of "dry line". The towels are on the house. Howl was in fact thinking about a promotion: "I dry the line and you keep the towel." What do you think? Quiet, do not say anything. I know how it will end. The initiative, and rightly so, will have the same success of a corroded line in a rainy day.

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Povera Patria






















sang Battiato Povera Patria . Today I started the
events for the 150th anniversary of united Italy. with a lot of controversy.
150 years ago a group of men started at this time pe r create a nation, to unite the peoples who were completely different, eforse still are.
I grew up in a traditional family / conservative / patriotic slightly, but not fodamentalista and pe r me up to a few years ago the concept of homeland did not discuss.
The parades of June 2 are still pleasant memories , the national anthem still excites me, but today the concept of home makes me think a lot.
country and state are two things that have had very different meanings for me, because 'status, I've always seen as the bad, and in fact grow more and more I am sure, but I saw the country as a kind of mother who handed out smiles and kindness to his children.
Growing up I discovered that in fact the mother country and 'just a concept yet to move people linked to it.
Then the attempt to give birth as a people and Italians 'failed, or it' s never failed completely?
Many say that there are many "Italie" to bring together. Today
then that on the one hand we talk about "federalism" (the word federalism is less fear of secession , but perhaps some will more evil), and the other the Bourbons never fires off in praise to the martyrs South of the case after Garibaldi, they are only confodermi even more '!
But what is celebrated?? Sara
'then the umpteenth robbery of our "beloved politicians" without restraint??
In the meantime I ask myself how much I homelands?
Coratina , peuceta , Pugliese, Bourbon, Italian, or European??
Meanwhile, I also married a woman from another country.
And in the meantime this woman 'becomes an Italian citizen. What's
I can tell when I ask what it means to love country today?

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Eternit

It makes so much noise when you report the discovery of mounds of abandoned asbestos eternit.Trovare is serious, why? Say that everyone is aware that it is highly nocinvo.Ma yet there are still many structures finished with this material.
Volunteers EC.ANAGNI, ask the relevant structures to create adequate space for depositing this material, Reason? To provide an opportunity for citizens to be able to get rid of this material, and not legally filing asbestos in an illegal dump . So it will be easier to recover for those involved in disposal of toxic materials, and certainly less expensive than going around to fly tipping. A
all: When we see people leave this material in unexpected places they feel they are doing harm to the environment and themselves, do not conceal this behavior because in so doing become their accomplices. Then you should not complain and criticize, cast the first stone.