A Mind Less Open...

Got the following comments in the posting Total US Bank Failures Is Now 115

1. badmouth said...
   The US economy is recovering...Why posting something that economists no longer think so important and significant? Are you still expecting double dip? Please LAH!

Hmm... nice to know that you would like everyone to know that your mouth is bad.

That's ok with me. It's your mouth and it's your rights.

Last I know, there are always two sides to a coin. It still has, no?

And there's always an alternative point of view. Views always differ.

Should we pretend that the opposite view just does not exist?

The US Economy is recovering. Well Is America Out Of Recession? In that posting the alternative point of view is ..

• As ever, the numbers warrant a closer look. For one thing, this is annualised data. So the US economy actually expanded by only 0.9pc during the third quarter – a fact most newspaper reports ignored. What growth we did see resulted from a 3.4pc annualised rise in US consumption between July and September, which was in turn caused by a 22.3pc spike in spending on consumer durables.

And if the US Economy is recovering, why are the banks failing like ten pins? Bankrupt banks does not matter?

And if the US Economy is recovering, why are the unemployment still so high?

• Why posting something that economists no longer think so important and significant?

If it's so no longer significant, why are you so irritated with such 'pessimist' articles?

LOL!

I get it.

The world has only one view.

And news must be 'good news', else it's not news. LOL!

And if such 'bad' news are deemed irrelevant and pessimistic... the solution is sooooooooo simple.

Just pretend they do not exist!

Now if you think this blog only highlights irrelevant and pessimistic view only, the solution is also sooooooooooooo simple. Just pretend this blog do not exist!

:)