Views in
verse on honesty
The Australian Financial Review this week published a story
by Sally Rose which led with the headlines “investors prepare for another GFC”
with further sub major headings “China isn’t stabilising” and “Don’t invest in
property” (another bubble) all based on comments attributed to Harry Dent an
American doomsday economist.
What bugs me about this article is that it is clearly
written in an Australian paper offering advice to Australians on direct impacts
on Australia from the ‘experts’ advice re current issues China & the housing boom. Or so it seems.
However, despite the bulk of the article
spreading ‘fear uncertainty and doubt’ it isn’t until we get to the closing
paragraphs that Ms Rose ascribes again to Mr Dent that Australia in his point
of view is one of the ‘fab five’ countries who in the coming decade will be
even richer than in the one before. Noting here: Mr Dent is a doomsday economist!
My gripe – when there is good news on offer – why not spread
it as such – instead we get a diatribe of fear mongering to capture the space.
What is it with the media?
Honesty
Honesty is such a lonely
word
Everyone is so untrue
Honesty is hardly ever heard
And mostly what I need from you
By Billy Joel
(I don’t often borrow
verses but today I just could not resist)

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