News Headlines and How They Affect You - Thinking Beyond the Present
Most folks read the newspaper often enough and they tune into the TV news as well.
When they read their news whether online, in paper form or on the boob-tube they are merely scanning the very recent past.
What they should be doing is analyzing how each piece of news changes the road going forward ever so slightly and why each tid-bit of information matters.
No, this is not something just for policy makers and think tanks, everyone ought to be thinking here.
Let's take some random events that hit the headlines on February 13, 2009 and see what we can make of them.
This is a good exercise and worthy of your thought, so let's begin: GM to offer Earlier Retirement Deal to 22,000 We know that the US Taxpayer is on the hook for 15 billion in loans to the auto makers, and we find that much of the money given will not be used to revamp their future products to make more fuel efficient cars.
No, we see know what analysts warned.
General Motors problems are with the union and legacy costs.
This early retirement deal proves we are seeing more of the same, thus, GM will certainly be back for more money at the tax payers expense very soon.
Some are going to say the tax payer got had, will you be one of them? Mexico to miss Oil Export hedge obligations - Crisis If Mexico defaults their credit rating will be zero'ed out.
Mexico is already in trouble with their drug wars and the ripping sound heard countrywide.
50% of their government's revenue comes from oil, but at $35 a barrel right now, they cannot maintain their level of services.
They need $60-70 per barrel to continue, especially with fewer workers in the US sending money back these days.
Further, it was not long ago when the far-left staged the Tortilla Riots due to the high cost of tortillas, and Mexico during the last election was just a sliver away from Communism.
A good prediction is that we will soon have a communist nation flanking our own border to the South.
Russia, Iran, Venezuela need $70 barrel oil prices economic survival Mexico is hardly the only nation with problems due to collapse in oil demand and therefore oil barrel process.
We are watching now the economic implosion of Iran, Venezuela, and Russia.
Such civil unrest, social and economic meltdowns will affect world trade, international relations, and bring them closer to potential wars.
This is rather serious.
Actually, all the headlines you read in the news are serious, as they affect our future.
You can chose to scan over these headlines and never give it a second thought.
Please, read between the headlines and think on it.
When they read their news whether online, in paper form or on the boob-tube they are merely scanning the very recent past.
What they should be doing is analyzing how each piece of news changes the road going forward ever so slightly and why each tid-bit of information matters.
No, this is not something just for policy makers and think tanks, everyone ought to be thinking here.
Let's take some random events that hit the headlines on February 13, 2009 and see what we can make of them.
This is a good exercise and worthy of your thought, so let's begin: GM to offer Earlier Retirement Deal to 22,000 We know that the US Taxpayer is on the hook for 15 billion in loans to the auto makers, and we find that much of the money given will not be used to revamp their future products to make more fuel efficient cars.
No, we see know what analysts warned.
General Motors problems are with the union and legacy costs.
This early retirement deal proves we are seeing more of the same, thus, GM will certainly be back for more money at the tax payers expense very soon.
Some are going to say the tax payer got had, will you be one of them? Mexico to miss Oil Export hedge obligations - Crisis If Mexico defaults their credit rating will be zero'ed out.
Mexico is already in trouble with their drug wars and the ripping sound heard countrywide.
50% of their government's revenue comes from oil, but at $35 a barrel right now, they cannot maintain their level of services.
They need $60-70 per barrel to continue, especially with fewer workers in the US sending money back these days.
Further, it was not long ago when the far-left staged the Tortilla Riots due to the high cost of tortillas, and Mexico during the last election was just a sliver away from Communism.
A good prediction is that we will soon have a communist nation flanking our own border to the South.
Russia, Iran, Venezuela need $70 barrel oil prices economic survival Mexico is hardly the only nation with problems due to collapse in oil demand and therefore oil barrel process.
We are watching now the economic implosion of Iran, Venezuela, and Russia.
Such civil unrest, social and economic meltdowns will affect world trade, international relations, and bring them closer to potential wars.
This is rather serious.
Actually, all the headlines you read in the news are serious, as they affect our future.
You can chose to scan over these headlines and never give it a second thought.
Please, read between the headlines and think on it.
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