Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
Seriously?
Thousands of people die from the normal flu every year, yet last time i heard only 7 people have died from the swine flu. This number may have increased since i last watched the news.
It sounds like the media have found something new to talk about instead of the recession.
I think that by scaring everybody with the swine flu epidemic, the "people in charge" hope that we go out and buy tami flu, face masks etc. Which will stimulate the economy.
Thousands of people die from the normal flu every year, yet last time i heard only 7 people have died from the swine flu. This number may have increased since i last watched the news.
It sounds like the media have found something new to talk about instead of the recession.
I think that by scaring everybody with the swine flu epidemic, the "people in charge" hope that we go out and buy tami flu, face masks etc. Which will stimulate the economy.
With the "outbreak" of swine flu, is the economy suddenly now not issue #1? Has the the swine flu somehow undone all the deficit spending and foreclosures in America? Has it somehow restored the banks confidence in the public?
It's a little pathetic how a flu that has killed less than a 1,000 people thus far is suddenly dominating the headlines, when the plain ol' regular flu kills approximately 500,000 people a year.
What new, sensational story will the media run with next week to forget they ever mentioned the swine flu? When will the economy be crappy enough to be worth covering?
It's a little pathetic how a flu that has killed less than a 1,000 people thus far is suddenly dominating the headlines, when the plain ol' regular flu kills approximately 500,000 people a year.
What new, sensational story will the media run with next week to forget they ever mentioned the swine flu? When will the economy be crappy enough to be worth covering?
Yes badly. And according to the Wall Street Journal there is likely more pain on the way.
The full article is below but here are a few main points:
"Foreign visitors may generate $4 billion less in revenue this year than the $13 billion last year, says Tourism Minister Rodolfo Elizondo. The travel industry...employs 2 million."
"Hotels in the resort town of Cancún are running at 29% occupancy during May compared to the usual average 74%"
"Mexico isn't going to be a basket case like Argentina or Venezuela, but it's not going to rebound from this crisis like Brazil, China or India either. That could mean years of sub-par growth,"
The full article is below but here are a few main points:
"Foreign visitors may generate $4 billion less in revenue this year than the $13 billion last year, says Tourism Minister Rodolfo Elizondo. The travel industry...employs 2 million."
"Hotels in the resort town of Cancún are running at 29% occupancy during May compared to the usual average 74%"
"Mexico isn't going to be a basket case like Argentina or Venezuela, but it's not going to rebound from this crisis like Brazil, China or India either. That could mean years of sub-par growth,"
Because swine flu is one of the top stories on every news media resource, many people who have normal flus or even colds, are going to the doctor's office or buying lots of medicines and drugs. What if it is a corporate and government sponsored media sensationalized rumor to try and help the boost the global economy?
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