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Wednesday, October 15th 2008

3:39 AM

The Economic Crisis Media Reporters Just Don't Get It - Or maybe their avoidance is intentional?

As each day of the economic crisis goes by, I mention to my wife what will be happening the next day, and am generally correct. Yet watching TV, it seems that the reporters are always surprised by whatever is happening. So, just for them, here is a brief rundown on what is happening.

The stock market individuals who have enough clout to control things have no stake in America, or even the global picture, they just don't care as  long as they personally are making money.

They can only make that money when the stock market either rises, or if falling, fluctuates as it gets lower. Right now it is going down generally, so they have to keep it fluctuating.

As I forecast months ago, the countries least affected by this behaviour are the ones who never joined in the global system of the rich getting richer, and poor getting poorer.

So, all you reporters out there, get with it. You now have no excuse, you now know how it works, so stop feigning surprise when the stocks move up and/or down.

Oh, and my forecast? It will continue to fluctuate until the percentage to be made doesn't have a high value in dollars due to the devaluation of the shares. Remember, those individuals, being driven by greed, are not interested in making small amounts of money, only large amounts.
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