I get so tired of the game they play in the news about whether the economy is good , bad , or "goldilocks" .
I read the web page for CNBC every day and everyday they have a editors note about what we should be thinking about the future of the economy. Who are these people to tell us? Is there a little private interests in letting us know about what they think we should do?
2007-03-25 04:43:15 · 6 answers · asked by Charles R 1 in Social Science ➔ Economics
THIS MORNING THEY ARE TELLING US TO WAIT FOR THE "BIG DEPRESSION" AGAIN!
2007-03-25 04:46:50 · update #1
I BETTER START SAVING MY MONEY AND DONT SPEND ANYTHING, SO I CAN HELP CAUSE IT?
WHAT DO YOU THINK?
2007-03-25 04:48:51 · update #2
ThinkTank~WakeUp~Never2Late:
...ah huh and take crime for instance ~ the "behaviors" of both the consumer and the investor is DEFINITELY an influence.
Incredibly enlightening......vote w/wisdom.
2007-03-25 05:01:55 · answer #1 · answered by GoodQuestion 6 · 0⤊ 0⤋
The news media feels compelled to report some reason for the events occurring in the market regardless of the fact that those events might have been largely just noise and had no real impact on the direction of the markets.
An interesting book on this topic is Fooled by Randomness by Nassim Nicholas Taleb
2007-03-25 11:47:48 · answer #2 · answered by Renegade_X 3 · 0⤊ 0⤋
I've actually stopped buying newspapers because I got fed up being told what to think, who to like and how should hate this country or that. The news media is the same. I live in Ireland, so have access to British news, Irish news European news and there are the US stations on cable too. It is amazing how different stories are broadcast.
As a purely international news story the number of civilian causalities in Iraq vary by from 50,000 to 250,000, depending on who you listen too.
The Euro is either crap or the best thing ever too.. I don't know what the solution is, except to realise we are being brain washed every day and to check ourselves. After all, it was this precise method Hitler got the German people to 1st vote him in, and then hate Jews and finally that they had a right to invade other countries.....sound familiar...
2007-03-25 11:58:16 · answer #3 · answered by bee bee 6 · 0⤊ 0⤋
Behavior is affected by operant conditioning. If you already believe something and they support it, you are more likely to behave that way.
If you know something is bad or wrong for you, and they denounce that behavior, (such as drinking and driving) then you are more likely to change that behavior if you are currently doing it.
The third part of operant conditioning is punishment, and they have no way of inflicting that upon you.
So therefore, they can only affect your behavior is you already have developed an opinion re: the event.
2007-03-25 11:59:35 · answer #4 · answered by annoyed_with_the_other_answers 3 · 0⤊ 0⤋
they have a great influence....they can make or break an economy of a country.
2007-03-25 11:52:03 · answer #5 · answered by babytalk 4 · 0⤊ 0⤋
jim kramer admit to stock market manipulatoin and shill biding.
2007-03-25 11:45:51 · answer #6 · answered by fddd s 2 · 0⤊ 0⤋