Hungarian Politics

[Tamas]

Moody's has downgraded Hungary to junk.

Beside them being quite late, as I did that around 3 years ago, our government was not slow to again make a fool out of itself itnernationally, expressing "confusion" since "the economy has been performing great" and thus they can only "regard the downgrade as part of the speculative attacks against Hungary".

And that comes from yesterday, when the Finance Ministry announced they would handle the dismal state of our currency as a matter of national security, intend to "Investigate" who or what is responsible for "the selling".

[Sheilbh]

Beside them being quite late, as I did that around 3 years ago, our government was not slow to again make a fool out of itself itnernationally, expressing "confusion" since "the economy has been performing great" and thus they can only "regard the downgrade as part of the speculative attacks against Hungary".

...Wow

[The Brain]

Where do I sign up for the attack on Hungary?

[Razgovory]

Damn you Fahdiz!  Why did you do this to Hungary?

[Neil]

Hungary's self-destruction was earned by their behavior towards the overlordship of the Austrians.

[Razgovory]

Hungary's self-destruction was earned by their behavior towards the overlordship of the Austrians.

I thought the Hungarians were pro-Empire for the most part.

[Tamas]

Hungary's self-destruction was earned by their behavior towards the overlordship of the Austrians.

I thought the Hungarians were pro-Empire for the most part.

for the last 50 years part, yes. The 500 before that? Not so much.

[Neil]

Hungary's self-destruction was earned by their behavior towards the overlordship of the Austrians.

I thought the Hungarians were pro-Empire for the most part.

They were pro-Kingdom of Hungary, which is a little different.

[Razgovory]

The Austrian thing is kinda complicated.  I think you guys could forgive me for not fully understanding it.

[Syt]

I heartily recommend people watch "Radetzky March" (the b/w movie, not the newer one) if you want to watch the true swan song of the Habsburg empire.

[The Brain]

Swan song?

[Martinus]

Great. Again, the paprika-devouring, antisemitic, racist, homophobic, goat-fucking racist fucks cause turmoil in the area and zloty to plummet.

Fuck you, you tards. Get out of the EU.

[Jacob]

Great. Again, the paprika-devouring, antisemitic, racist, homophobic, goat-fucking racist fucks...

What's wrong with paprika?

[Tamas]

Great. Again, the paprika-devouring, antisemitic, racist, homophobic, goat-fucking racist fucks cause turmoil in the area and zloty to plummet.

Fuck you, you tards. Get out of the EU.

I have been thinking that Poland has been too good to be true. I wonder if there will be skeletons falling out of the closet soon. But for sure, Poland is far from being as fucked up as Hungary is.

[Tamas]

The PM, to showcase his concern and love no doubt, called a meeting with economists friendly to him, which was held this afternoon.

The Finance Minister held a press conference to brief the press on it. His main points were:
-A new "growth plan" is needed, as well as cooperation with the IM and the EU
-GDP growth forecast to next year must be lowered to 0.5-1%

He choosed to ignore the trivial topic of Moody's downgrade, but of course he was asked about it.
He replied that the experts agreed that the "fundamentals are strong" and "something was behind this downgrade" and "there are maneuvers against the country".
Which is of course -in his opinion- completely unfair since the government has kept, and will keep, the country among the best.
On a repeated question he confirmed: "we are well above average"

The "new growth plan" was mentioned as a new idea here, altough this was a rhetoric of the PM in London, two weeks ago. The grand plan is that this new plan shall keep us ahead of the EU average in terms of growth. I guess we will resurrect Stanahov's spirit or something.

He also calls for a "new alliance" between the government and the banks in the country. I wonder what that means. They have been screwing the banks over left and right, to the extent that the people I talk to are starting to be reluctant and wary of keeping their savings in banks.

And they still keep to the story that they are negotiating with the IMF for a loan they will never ever actually take. They just want a "safety net" and "will be able to finance the country from the market". Said market traded the hungarian bonds on 9-10% this morning.