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Yeah, I know what you mean; that's FIFA's system for you.

Yeah. You've assumed that Egypt's failure to qualify completely encapsulates the quality of the team. If your reasoning tracked, the world rankings would basically be how far each team progressed in the last WC. If Chile's performance wasn't so much lucky as a good team gelling, they'll rise...

That's understandable. The main site for those ratings, eloratings.net, is up and down like your mom's underwear, so I'll explain here. Imagine you have a standard team. Let's call them Norway for the sake of it. If, say, Ireland were to play Norway a hundred times, I'd die of boredom. Also...

Linked to in the post you quoted.

http://en.wikipedia.org/wiki/World_Football_Elo_Ratings Egypt are justifiably quite high in the rankings, but FIFA's rankings have always been rubbish.