First, the press takes an issue and hypes it up to a point where regular Joe’s are rushing out to draw their money out of a successful bank for fear of it collapsing. Next, they start running stories about how low consumer confidence is one of the major factors affecting the economy at the moment.
Does anyone else not find this funny?
I’m not just talking about the gutter press here. Every morning I watch the BBC news and it makes me want to sell everything I own, convert the cash to gold and hide it in a cave.
Perhaps if the newspapers and TV would stop harping on about this stuff, regular people might get on with their lives and the economy might be OK.
PS. Looking for a suitable cave for my gold… 🙂