So it's back. The economy is heading back towards a recession. We're once again "entering a dangerous place" and are in a "danger zone".
It's as if we've learnt nothing, and the media must have a role in all of this. So many news stories on the state of the economy come from the reserve bank and institutions very similar to it. All are partially responsible for it, and somehow we expect to find out the truth and maybe even some blame?
After the 2008 collapse and woeful 2009 the only US source I know actually pressing people involved was Jon Stewart, particularly going after CNBC for their coverage of the collapse of Lehman Brothers. You know, the part where they said you should buy their stock.
I can't help but notice in so much of the coverage we are finding out how much the stock market dropped that day, but not many reasons why...
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