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How the Media Can Be Blamed for the State of the Economy

Since the global economic crisis reared its ugly head nearly two years ago now, it seems that Economic News has dominated our lives. Everywhere we turn, there seems to be another bank in trouble, or a country which needs help with their finances or a currency war.

This current fashion for economic news is quite interesting for those who follow the way that trends and fashions develop through the media over the years. For sure, a fashion or trend follows current events, perhaps even reflects them, but in the media this means that this happens at the exclusion of all else.

Before the economic crisis, there was a trend for people to become involved in 'spread betting'. Something that has now been swept under the carpet. A few years ago it may have been fashionable to say "Oh, I dabble on the market, I am a spread better", but not now. Oh, how fashions change!

The media of course has a responsibility to document the current trends of an age, whether they class it as news or social behaviour. There is, however, that fine line between reporting and enabling a situation.

So, we get back to the current fashion of reporting on the world's economic woes. At the moment, it certainly seems that there is more than enough bad news to go around, but maybe, just maybe, the media could report about positive things as well?

 

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