The Daily Reckoning vs. Guns and Ammo

[Ankesh]

The other day, I read in the news that Japan's GDP is shrinking. Japan is in a recession again. Their policies are not working and what not.

But then I dug in deeper and found that Japanese people are a lot happier today than before. Their GDP is decreasing because their population is decreasing.

Standard of living for people is still going up. But not a single news outlet mentioned that. No one mentions positives anymore.

Isn't it amazing that your source of news (or lack of it) determines how happy you are?

[GordonJ]

Isn't it amazing that your source of news (or lack of it) determines how happy you are?

Thanks Ankesh.

Delving deeper is always a good thing, my early teacher had a saying, "consider the source" and what they get from being the source.

As for your blanket statement, it needs qualifiers.

News, has almost no impact on my feelings, and for most of the businessmen I know, has zero affect on them.

My thinking is there are only 14 million Americans out of 240 million who even care about the news, especially from the Beltway.

It is only because Networks have so many pundits, and need to fill up time with talking heads, that we get the so called news we do.

Disasters will give us pause, Katrina, Tsunami, AIRPLANE crashes.

But ... many, many are so self involved, they are oblivious to the world.

Then you have the "please think for me" types that tune into Rush, Glenn and Maher to get their daily reaffirmations.

They are affected by the daily news and their chosen filters.

We live in a time where X-files believer, Fox Mulder' mantra, Trust No One, may be right on the money.

If we accept that news organizations today deliver just facts, and report events without bias, then we have only ourselves to blame when delving deeper reveals the aliens already living on our skin, disguised as mites, waiting for the call, to collectively take over our bodies...true, I saw it on a TV news show.

Gordon

Originally Posted by Ankesh

The other day, I read in the news that Japan's GDP is shrinking. Japan is in a recession again. Their policies are not working and what not.

But then I dug in deeper and found that Japanese people are a lot happier today than before. Their GDP is decreasing because their population is decreasing.

Standard of living for people is still going up. But not a single news outlet mentioned that. No one mentions positives anymore.

Isn't it amazing that your source of news (or lack of it) determines how happy you are?

[Glenn]

Great to hear from you Man,

How are things in Mumbai?

I've always been curious about how 16 million people live
with so many sacred cows. (All that beef would be Barbecue in the USA.)

A friend did some consulting there
and Judy says big traffic jams were caused by "Sacred Cows"
in the road.

PERSONALLY - You guys are helping me
keep my computer running.

Big Business Btwn The USA and India today.

My Apple Support guy.

James - turned out to be Ankit.

He changed his name to make Americans more Comfortable.

Each month - so many viruses pile up on my Apple Macintosh
it slows to a CRAWL.
I call up and get a TECH expert to clean them out.

Bought a LIFETIME contract.

Cheaper than one at a time help.

I spoke to the Owner of This one Apple Support Firm
and he is buying property in Panama. (Wallowing in loot.)

Lots and Lots of Apple Support Companies
are running in the background to keep all our APPLE Devices running.

Glenn

P.S. - I have not spoken to Dr. Gary North in a long while.

But.

On Stage before I gave my little presentation - after his.

He told me, "I'm in the best business there is in the world. Because if the
World ENDS none of my b-uyers is coming after me. And If things Turn out
WELL - All of my buyers are basically HAPPY!"

P.P.S. - Funny thing about Gary.

He types with TWO fingers.

If you meet him, ask him to hold up his hands. The two BENT fingers are
his typing fingers!