If I said to you, "aren't you sick and tired of hearing negative news", I would feed into more of the negative news as there is chance that my question could trigger a negative response. Aside from that, I wonder what it is about some people that seem to enjoy being right about some sort of pending doom and gloom.
I believe that we give the news media a bad rap and the reason I say this is because of Ian's Brown's February 26th article in The Globe And Mail - Divas of doom find their fame in pedaling the direst of fortunes to pessimistic masses - Bleak is chic as demand grows for dark oracles of blood-filled streets and 'zombie banks'.
Ian's article isn't talking about the doom and gloom of blood in the streets, civil wars, the collapse of Eastern Europe, and toppled governments coming from the news media. The bulk of the bad news in the article is coming out of the mouths of university professors.
I mentioned Ian's article to Robert Gignac, author of 'Wealth Is A State Of Mind', at dinner on Tuesday, March 3rd and Robert's response was that these purveyors of Financial Armageddon have been around for years and publish the same book every five to seven years with a different cover ... sooner or later they will be right. It's like the 36,000 DOW, sooner or later, it is going to happen as I recall someone saying in the early eighties that the DOW will never go past 3,000 points. Let's all hope that prediction does not come true today.
My interest in Ian's article is not about the doomsters and their predictions; it is about why they do it aside from the $50,000 speaking fees. There has got to be more to it than "bad news sells".
I believe that we give the news media a bad rap and the reason I say this is because of Ian's Brown's February 26th article in The Globe And Mail - Divas of doom find their fame in pedaling the direst of fortunes to pessimistic masses - Bleak is chic as demand grows for dark oracles of blood-filled streets and 'zombie banks'.
Ian's article isn't talking about the doom and gloom of blood in the streets, civil wars, the collapse of Eastern Europe, and toppled governments coming from the news media. The bulk of the bad news in the article is coming out of the mouths of university professors.
I mentioned Ian's article to Robert Gignac, author of 'Wealth Is A State Of Mind', at dinner on Tuesday, March 3rd and Robert's response was that these purveyors of Financial Armageddon have been around for years and publish the same book every five to seven years with a different cover ... sooner or later they will be right. It's like the 36,000 DOW, sooner or later, it is going to happen as I recall someone saying in the early eighties that the DOW will never go past 3,000 points. Let's all hope that prediction does not come true today.
My interest in Ian's article is not about the doomsters and their predictions; it is about why they do it aside from the $50,000 speaking fees. There has got to be more to it than "bad news sells".