Media’s role in spiraling an economic downturn out of control is often underestimated. Once a few self-proclaimed economists predict a recession, it only takes a few months of replaying of the same messages by the media before that prophecy can self-fulfill. How do we claw this recession out of this media juggernaut?
Just filter media to only let that rare piece of positive news through and lead everyone to believe that there’s nothing amiss with the economy. A bit of communist streak to revive a very capitalist economy?
But then, didn’t exactly such illusion, i.e. a fake sense of prosperity, get us into this state in the first place?!