This is part f a series of illustrations that I decided to do as a cartoon/critique to the nowadays economic/political situation in the so called western world.
I had the idea of combining the hazardous signal to the rating agencies after seeing installed this debt crisis that was created by them. Sure we can say that politicians spent too much money and that is true, but did you know that for instance, the debt of Ireland was smaller than the UK debt before the rating agencies speculation attacks and yet, mysteriously, nobody cares about UK’s debt.
I remind to all that these rating agencies (Standard & Poor’s, Fitch and Moody’s)were the sames ones that gave maximum credit to bankrupted institutions that caused the crisis of 2008, like Lehman Brothers for instance…
Other illustration you might enjoy:
hazardous, agencies, notation, triple a, aaa, yellow, danger, sign, warning, eu, s p, standard poors, fitch, moodys, cds, credit default swap, dangerous, debt, default, economical, economy, evaluation, finance, financial, interest investment junk markets notation rating, loan, signal, threat, triangle, lehman brothers
Comments
I adore how you make statements with your work! Bravo!
I feel flatered!! Thank you so much!
– João Figueiredo
Especially because most of the people don’t really appreciate this kind of stuff…
– João Figueiredo