Media beat ups keep the public 'informed', and helps control their thought process. As soon as the market confirms the bottom , it will be hurrah time , and slaps on the back for the pollies. Everyone will resume spending , and the world will be fine again , til the economy catches up , then it's someone elses fault. [Damn shorters , hedgys, PPT , what ever]...
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- the term recession and the media hype