Why The Preoccupation With Bad Financial News?
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 di