Doom and Gloom?
Of course bad news get attention and many citizen journalist and politically motivated activist know that well. But there is a danger of causing problems in world financial markets because of politically motivated economical propaganda. Of course the politically funded media knows that well, plus a few financial guru’s of whom know how to make money on failing markets.
The American’s caused the recession in 2008 it started because of a property scam, house and property prices where driven up to ridiculous levels and many properties where used to secure loans. Of course when the bubble burst the domino.s clinked out in seemingly never ending streams across the globe. The factor that America had a Hugh debt in its trading balance with China, placed a big complication in their economic stew.
But the worst factor was caused because the mortgage companies where not bailed out, of which would of stopped the recession flat. It was the only stimulus needed and because the Bush administration seemingly stuck the head in the sand, the first domino’s fell.
The political motivated media had a hay day they milked the problem and hyped it to its highest level, then repeated over and over again. Investors lost confidence, US securities abroad became total worthless.
Then governments see the need to be seen doing something, economist found media platforms to issue there normal stupid advice and gave further fuel to the doom and gloom hype. It was a very sad comedy that led to the British Prime Minister a leading economist within his time, mouthing the words "stimulus" and "we will use our tax money to prop up the banks". Yes if you need to blame anyone for the damn stimulus and global plan its Gordon Brown, and not the two US stooges that sat in the White house chair whilst the domino's fell.
The recession hit its all time low in March 2009 a new president and a new political administration had taken over the reigns of power in the USA. The Democratic Party stands for social care had an opposition that stands for capital elitism.
What we are seeing now is the republican party at war with the democrats it is a no hold barred political struggle that uses politically control media to issue propaganda and some times maybe the truth. This political war spills over on the Internet where Blogs, Community’s and forums have become the tools of propaganda and political argument.
What’s nice about the internet one can find the truth and provide it to a fairly large audience to stave of political propaganda? What’s bad about the internet the truth you find could be propaganda, it often is.
However in the case of the present situation concerning the American caused global recession when the doom and gloom merchants publish articles concerning the recession and calling a depression. Where as the stock markets are recovering well and all this doom and gloom especially issued from the political media just causes small troughs within the peak of recovery.
Good news, very, very good news does not sell however and the truth never gets recommended when it’s the obvious truth like the proof at the link below.
I am completely against political propaganda of any form and political indoctrination; in my opinion all politicians are corrupt elitist. I hate lies and deceit and when it disrupts and causes me financial stress and I lose money because of politically motivated hype I get very annoyed. There are those that wish to fob me off as being an optimist about the world economy but that is not so, once you have studied the stock market charts over the past year or so you can see the real trend. That trend sees a slowly recovering market place at this present time and date.
It’s nothing to do with stimulus its all to do with people wanting to make money gambling on the stock markets and their confidence to do so. The investors, this of course does not create jobs, jobs get created after a recovery and that takes time and has done so historically.
The real fix is to have a well balanced GDP and that can only be done by countries being more efficient in manufacturing their own goods and not out sourcing to cheap labor sources. Of course a well honed eye is needed to ensure the property market remains stable and prices do not rocket to ridicules highs
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