DOES ANYONE HAVE A F****** CLUE WHAT LANGUAGE THE MAJOR NEWS OUTLETS ARE SPEAKING?
I consider myself a pretty smart DUDE, therefore I find it appropriate to stay updated with the news. Granted, there’s a lot of it… so you must pick and choose which subjects you stay on top of. Don’t ask me why I would choose politics, or business. I still don’t understand either of them.
God knows I try to understand politics, and more recently, I’ve been trying to grasp the concept of the failing U.S. economy. Shouldn’t everyone? It’s asinine to worry over something you don’t fully understand. A few years ago, recession was a bad word. More recently, the one word everyone is afraid of is collapse. What does that mean? Does that mean another Depression (notice the caps lock)? I’m unsure.
What I do know is that the EU plays a bigger role in the financial crisis than I thought.I turn on the radio in my truck, and it’s NPR. Someone is frantically spelling out doom for Greece and the U.S. economy. What does Greece have to do with the U.S. economy? No clue. This calls for a news paper. And here I am, hoping to make sense of it all; I am too naive. I open a NY Times article. I can now fully appreciate the statement “ignorance is bliss.”
It has had little intrinsic connection to the American stock market in the past, as Mr. Bernstein is quick to acknowledge. But it has been a perversely contrarian signal of late. As the European rescue plan for Greece appeared at times to unravel last week, Greek 10-year notes hit new lows, falling to less than 30 percent of their nominal value — a 70 percent discount. As the price dropped, the American stock market often rose.
The distant pop you just heard was a cluster of neurotransmitters in your brain exploding. I am actually mad that I can’t understand this, or provide anyone with information regarding the crisis facing Greece (or Italy). It has come to the point where reading a biased and misleading article is more appealing (and informative) than anything else.
This brief sentence from an NPR article made the most sense to me:
(The Greeks) see the (poltical) wrangling as a shameful circus while they get poorer and poorer.
Sounds oddly familiar…
All other news articles may as well be in Sanskrit. Any helpful hints? Books? Articles? Can you just tell me what’s going on? I really hate to say it, but I’m completely baffled by major news sources. I hate to sound like a typical conservative-doucher-conspiracist, but this is obviously a ploy used by the “got-derm” liberal media to confuse simple folk like maself and invoke irrational fear. The less I understand about the news, the more I’m afraid of it; the more news I understand the more afraid I am of everything else.
It’s a lose-lose situation.