Friday, 14 February 2014

honesty is hardly ever heard


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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