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Originally posted by Daniel666
reply to post by Relentless
I am hooked on this Forum.
Up to now it has been right on the money or "no money"!
Guess i am tracking what is going on cause i live in a "Automotive City" in South Africa. It probably can be compared to Detroit but smaller.
I have two Q's cause the markets are not making sense to me at the moment?
1. When stocks drop! comodities should shoot up...right? South Africa is one of the biggest producers of Gold and Gold is not going up?
2. When you print funny money to prop up a currency should it not devaluate? Why is the Dollar not devaluating? Who is artificially keeping it up? and Why?
Originally posted by Ramco
We will have a global meltdown if people continue to panick about what
they hear in the news. The news media in order to sell news, continues to
pluck the nerve strings of the public. They bring on these pundits, fear
mongers and chicken littles, fortelling of the "end of times, global melt
down, and that the sky is falling." People are unduly influenced, panic,
because they are afraid of their economic future, and quit making
purchases, which causes a "vicious cycle," no one buys due to panicking,
businesses close down, people get layed off, so they don't spend, and so
forth... an example of fear mongering logic, is the 7 or 8%
unemployment rate. The world is coming to an end because of a 7 or 8%
unemployment rate? In other words, why don't these same fear mongers
talk about the 92 to 93% of Americans that are employed? Why don't they
talk about what is going right in this country? Most American businesses
are still viable and not going under. Why can't they asure people that
things aren't so bad if 92 to 93% of Americans are working? The public
should see what is going on and give the media the finger and not ascribe
to the rhetoric.
If anyone else agrees with me, please do not extol my virtues, instead,
pass the message on. Why are we so upset because the glass is 8%
empty, why can't we be glad that it is 92% full? Come on Americans, let's
snap out of this funk and set things right!
The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated. This project was completed as part of my thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California. For more on my broader thesis work exploring the use of new media to make sense of a increasingly complex world, visit my website here. or email me at: email@example.com
Embed The Crisis of Credit Visualized:
Writing, direction, animation & sound by Jonathan Jarvis
Narration by John Levoff
Music by Brandon Au - a.k.a - DJ Skwint