Positive Economic News – 1st Ed.: Fargo is Booming
The stock market is schizophrenic because the media causes investors to be schizophrenic. It’s the classic snowball effect. Something bad happens, the media plays it up, people get scared, and more bad stuff happens, and the cycle continues. Quite frankly, I’m sick of it. I’m sick of hearing about layoffs, pay cuts, the stock market, banks, and anything and everything about why we should be buying guns, raising goats, and preparing for an Apocalyptic barter economy.
So I want to buck the trend, and I need your help. Once a week, I will post about positive economic/finance/money/business/economy/charitable/life/etc. stories. There’s not many of them out there, so I need your help rounding them up. We can revel in the positive. Who knows, maybe this will start a trend that the national media will start to pick up on. Besides, who wants to buy more negative news stories right now?
For this first edition, here’s a CNN video on Fargo, ND, where the economy is booming and the unemployment rate is only 3.4%. Fargo? Who would have thought.
Have a positive personal or media story to share? Submit it through the 20somethingfinance contact form.
I like your plan. I was just thinking the same thing today.
I wonder if it can work.
I’ve been feeling the same way, thanks for the leading the charge. Cable news has been absolutely irresponsible in the way they’ve dealt with the past six months of economic news.
I noticed this the other day when scanning the unemployment rates. Wyoming is at 3.2%. Thank you for doing good news, we do need more of it.
Well the bad news about your post is that you have to live in Fargo! I hail from the sunny south…Florida and Arizona. No thank you to freezing temps!
Thank you for this! The economy has always been cyclical, that means there will be good times and bad times. A few tough months (or even a tough year) aren’t going to kill the economy. And this is no where near Great Depression-era hardship. The media has been blowing this way out of proportion, and I fully support your campaign to be realistic!
Nice thoughts and this should come to a way positive to square one
Thank you. As they say believe it and you create it. Thank you for the belief that things are better.
I’m hoping Fargo is doing ok today – tough flooding up there. Best to you.
schizophrenia is not multiple personality disorder. I would diagnose this as neither, and instead call the market bipolar, according to your discussion.
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