Kol, just a week after the Dong-sale, they release their annual report. Guess what, their debt has been reduced by 6.2 billion DKK to 25.8 billion DKK and their deficit has been reduced from 4 billion DKK to a bit under 1 billion DKK. Those facts mean that it could've received significantly better ratings from the rating bureaus. In other words, selling at this time is the most ridiculous timing that you could possibly pick.
For the state, that is. Not for Goldman Sachs. But I guess it shouldn't be too hard to see which side the government is acting in the interest of.
Sources:
http://www.dr.dk/Nyheder/Penge/2014/02/05/094655.htmhttp://www.dr.dk/Nyheder/Politik/2014/02/05/141357.htm
In other news, here's today's exposal of capitalist propaganda:
Groupon's website advertises pants at a price of 299 DKK, which they advertise as a discount of 75%. The ones who deliver the pants, Glamouretto OY from Finland, do sell the pants at the price of 1186 DKK. However, they also operate another website, where they sell them for 350 DKK.
Another example: A bath weight from AEG costs 229 DKK, according to Groupon with a regular price of 549 DKK, but only Groupon sells it for 549 DKK, and other sides sell it at 210 DKK, including delivering costs from Germany, and 225 DKK from a Danish site including delivery.
A third example: Groupon sells travels, a spa trip to Germany costs 1935 DKK with a discount of 35%, however, picking the exact same room in the exact same period from booking.com, costs 1761 DKK. 10% cheaper than Groupon's "discount" offer.
Source:
http://www.dr.dk/Nyheder/Indland/2014/02/04/160737.htmWhy are such fraudulent people making this not in prison?
Why do we as a society sell items at discount prices in the first place, why do we encourage people to buy more than they need, when we know our resource useage is dangerously unsustainable and we have problems with pollution to fix?
Capitalism is simply hopeless.