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News Link • Economy - Economics USA

The Establishment Admits to a Second Financial Crisis

•, Pye Ian

Sanguine, triumphant and motivating news in the mainstream corporate transatlantic financial press, versus pensive, probing and skeptical viewpoints in the alternative economic press.  The former was from sources tethered to the central and corporate banking sectors in Europe and North America, presenting information and sentiments meant to keep public expectations buoyant and optimistic about the state of Anglo-American economies.  The latter was from independent analysts, contrarian observers, foreign press in Eastern & Southern hemispheres and keen bloggers who knew how to dig for data, determined not to be fooled again over real economic affairs.

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