Wednesday, 1 October 2008

Abraham Lincoln on the UK economy

"We live in the midst of alarms; anxiety beclouds the future; we expect some new disaster with each newspaper we read."

Speech at Bloomington

That is us.....

2 comments:

Mark Wadsworth said...

F D Roosevelt on the economy ...

electro-kevin said...

Up until recently the Daily Wail had the doom-mongering area of the market cornered with the biggest circulation.

Bad news sells as hard-pressed editors (equally affected by the downturn) are finding out.

Once on the slide the whole thing becomes self perpetuating.

The most logical thing we could do is NOT read papers - no-one has a clue what's happening anyway and they never did.