Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Aussie105

(7,334 posts)
10. The media has a vested interest in not being alarmist.
Sat Oct 25, 2025, 08:58 PM
Saturday

They will go for the line 'It is not quite as bad as was forecast, so no point in complaining.'

Bit like the frostbite victim who complains about the missing toes post surgery, and someone points out it isn't as bad as it could be, he still has 2 left.

The vested interest?

Not be accused of being the first to sound the alarm that a correction is coming.
Easy to be accused of setting the correction ball rolling.

The cumulative effect of the Trump administration mismanaging the economy will lead to a correction, and maybe worse.
And it will be felt world wide.

I'm expecting a 10% drop across the board for the Australian ASX200 in the next month or two, with an accompanying 5% drop in my stock market investments.
Will be painful but not unexpected.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Latest Breaking News»Pennsylvania city divided...»Reply #10