Posts Tagged ‘pessimism’

Pessimism, Realism and the Recession

An Australian psychologist has claimed that feeling grumpy ‘is good for you’.  At least that’s the spin the popular media put on the findings of Professor Joe Forgas of the University of South Wales.  What the guy actually says is a little more nuanced.  His claim is that there are some advantages to negative moods, [...]

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Cutting the Crap of Recession-Speak (Part 2)

Breaking news – Gordon Brown has become a personal development guru! I’ll have to watch out for my customers…
In Cutting the Crap of Recession-Speak (Part 1) I contrasted the advice of entrepreneur Sir David Tang with our Prime Minister Gordon Brown.  Tang urges small-but-optimistic thinking, whereas Brown preaches a kamikaze imprudent doctrine of spend, spent, [...]

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Cutting the Crap of Recession-Speak (Part 1)

I’ve just read the best article yet only article worth reading on the current recession.
I’m no macro-economist, so I’ve found it hard to follow some of the more technical melodramatic discussions so beloved by the media.  How did this global economic tsunami downturn come about?  An over-inflated property market?  A housing crisis?  Banks too eager [...]

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