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Blogs/News > Finance > March 2009 > Sick to Death of Bad News
Profile Image Contact Mark

Sick to Death of Bad News

Yesterday a friend of mine told me he stopped watching TV news.

"I'm sick of the same depressing story being played over and over again," he said.

I had to agree in a recent blog post.

It's true that there are fundamental problems with the global economy. There is going to be more pain and suffering before we get through this. It's also true that MOST of us are still working. Every day, we show up for duty, go out to lunch, pay our mortgages when they are due. To listen to the media, though, one would think the world spends the day standing in a bread line.

Charleston|Orwig is holding its own during this challenging period. My partners and I are not naive. We realize we could take a punch in the nose any day. I can tell you with assurance, however, that we will get through this. So will you.

It's my opinion that the media is doing the world a dis-service at the moment. They constantly churn bad news at a time when clarity and accuracy are what the world needs.

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Comments
5/11/2009 10:41:07 AM by Phil Sievers
I agree with mark completely. I often wonder if the media, particularly broadcast, is reporting bad news or creating bad news. I was at a seminar a couple of weeks ago where one of the panelists cited several instances of good news that went completely unreported or at best under-reported.

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I've been studying up on the topic of mass psychology that occurs during booms and busts. Ultimately there's much opportunity when times are bad and much to fear when everyone is lining their pockets during bubbles. And keep you're eye out... since bubbles are invisible to those inside them.

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