23 June, 2009

this one, oddly enough, is about the stock market

the world bank predicts that the economic growth will be slower than previously thought. as a result of this, investor ambivalence turns to doubt and markets plummet. 

am i the only one here who thinks this is ridiculous? could the media shut the fuck up with the gloomy predictions, thereby preventing the idiocy of the chicken little trading strategy that immediately brings their predictions to fruition? 

i think this economic melt-down could have been handled with a little bit more delicacy by the world's media, but then again headlines trump any kind of social responsibility every time. 

sometimes i pine for a good old fashioned despot, enlightened or not.

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