Tag: recession
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The Journalism of Artificial Panic
Last year featured a large sample of breathless reporting and bad takes regarding the economy, crime, and the mid-term elections. I’m calling this, the journalism of artificial panic. For most of the summer and early fall, mainstream media concern trolled all three topics relentlessly. That’s not to say these weren’t real, and important stories. In…
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Bank Nationalization
Barry Ritholtz over at The Big Picture, debunks the arguments against Bank nationalization. Ritholtz and company have been arguing for nationalization for some time now, as an alternative to the current “Bad Bank” scenario that Treasury is pursuing. I don’t know enough about the Macro effects of this, but I agree with the basic premise;…
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The Healthcare Recession
When people think about a recession, they primarily identify with purely economic measures. Considering the current economic climate, itās easy to understand why people are thinking about their financial future. But more and more people in this country are experiencing a āHealthcare Recessionā. What is a āHealthcare Recessionā? It is the steady diminishing of the…
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Buffet's Reality
Warren Buffett is one of the worlds most respected experts in the realm of “high finance”. He’s made himself, and his investors a whole lot of money over the years, and in a manner that is perhaps more responsible than any other money man in history. So when Buffett says the current recession will be…