Archive for the ‘recession’ tag
Perception Worse Than Reality
Hmmm… a little article from January worth reading. It explains in very simple terms how this “recession” might not even be real.
Is America headed inevitably toward recession? Maybe; probably; who knows? If anyone could accurately predict the economy, they’d be billionaires in no time.
One thing is certain, though: Simply hearing about the possibility of a recession can bring it about. This is due to a combination of two distinctly non-economic factors: psychology and the news media. This is nothing new; sometimes in the process of reporting about a problem, the media actually makes that problem worse.
The article has
one response