The media have a policy - keep people in FEAR of what may happen.
That is very true (remember weapons of mass destruction? global warming? )
Also there is 24 hour news, they have to put something in it; and keep repeating it and repeating it and repeating it, we hear it again and again and again, eventually we believe it when we've heard it enough times.
I never knew there was global warming til I listened to the news, I never knew there was an economic downturn either til I listened to the same news programme.
According to my work and level of business there isnt. In fact if my business was anything to go by we'd be breaking all growth records known (a year on year growth of 25%, no country in the world achieves that).
We only believe/think theres a downturn because they tell us there is, repeatedly, just in case we forget.
The papers dont want you to live in fear, neither did they invent Weapons of Mass Destruction (our government did that if you remember!) with their "dodgy dossier".
The papers didnt invent a 70% drop in mortgage approvals. Or a 35% hike in gas prices. Or a 9% hike in electric prices...or did they?
Global warming has been an issue since the 70's (remember 'The Good Life'?) It has become more of an issue today due to 'freak weather' happening on an almost yearly basis. When insurance companies refuse to quote because you live near a river or a flood plain then you know its time to sit up and take note.
If you're saying you never knew something until you read it in a paper then yes, you're probably right. (you probably never knew Gazza beat his wife until you read it in a paper).
These days news does move incredibly quickly and is disseminated around the globe almost in the blinking of an eye. Thats progress and technology....not lies and conspiracies at work.
First off, after celebrity, fear sells newspapers.
Essentially the issue regarding mortgage companies IMO was going to happen, it had to, there was no way out of it, recession/downturn or no recession/downturn; the mortgae market has been overheating for too long and that had to go somewhere. Thank God for it too, some people might actually be able to afford to buy s new house if the prices fall and mortgage companies behave a little more responsibly. Saying that too with a house to sell knowing its value has already dropped 15% in the last 4 months and no viewings on the horizon, but to me the mortgage market has to find some balance, it was dramatically off-beam up until a year ago.
Re: global warming and The Good Life in the seventies
what are you on. That was just a 1970's sit-com, about a couple living in suburbia sick of the 9-5 rooutine living next door to a snotty neighbour and the bird had a cute arse.
As for gloabal warming and freak weather events SINCE the 70s, what do you call all freak weather events BEFORE that time then? Just a little accident of nature perhaps? If we are entering a global warming phase in the earths evolution then thats what we're doing, but it doesnt mean we as humans caused it. Global warming happens, its unavoidable, get over it; cos it would happen if we had never been here.
Anyway, back to the topic
picked up £200.00 of new work yesterday, nought wrong in my economy