Financial News Reporting

[Chaimai]

I have been ploughing a lone-furrow about the negativity in press reporting (and on this forum). It seems that too many people in the media, and on Thai Visa, have focussed solely on the sensationalist, doom and gloom headlines and stories. It is <deleted> depressing to continually read/hear such views.

We all know that the current situation is dire but concentrating only on the negatives - and often speculative negatives at that - rarely helps anyone. We have to believe that life goes on and recovery will be as certain as it has been in other crises. The sooner everyone starts to positively work together to actually do something, rather than pontificate about the preciseness of how dire it is and what disaster scenarios may follow. There is truth in the phrases "talking it up" or "talking it down".

The following is an example of how the same FACTS can be presented. The same story was posted by SKY first, about an hour and a half ago - the second headline followed half an hour after that. You choose which spin you prefer !

January Mortgage Lending Down By A Fifth

http://uk.news.yahoo.com/5/20090224/tuk-january-mortgage-lending-down-by-a-f-45dbed5.html

Mortgage Approvals Hit Four-Month High

http://uk.news.yahoo.com/5/20090224/tuk-mo...hi-45dbed5.html

Edited February 24, 2009 by Chaimai

[lannarebirth]

OK, I'll play along. What shall we call this? Down 80% Yr over Yr, or up 200% Qtr over Qtr?

http://www.investmenttools.com/images/wfut.../bdi_sp_log.gif

Edited February 24, 2009 by lannarebirth

[stumonster]

OK, I'll play along. What shall we call this? Down 80% Yr over Yr, or up 200% Qtr over Qtr?

its all doom and gloom with you lannarebirth

reality is best

Edited February 24, 2009 by stumonster

[AlexLah]

Numbers don't lie, but liars like to play with numbers.

First of all we cannot be 100% sure about the information that is being presented to us, more than often the truth is not being told to us sheople.

There are plenty of examples that the media is being instructed and or manipulated by those in control.

What we can do is to try and find out as much as we can by searching for alternative news sources, documents, pictures available and keep asking questions, whilst keeping an open mind and discuss findings with others that share the same interest namely, wanting to know the thruth.

As long as the financial institutions do not trust eachother, confidence will not be restored. The confidence could partly be restored if all those cans of tuna are opened and then we can see how many contain rotten fish.

Then with a newly more open and honest financial system replacing the old one, a new better future can be build.

Just my two cents.

Edited February 24, 2009 by AlexLah

[Chaimai]

Then with a newly more open and honest financial system replacing the old one, a new better future can be build.

Just my two cents.

Hallelujah to that Alex

[AlexLah]

Inshallah!