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Global Economy and Speculation

Global Economy and SpeculationOn the premise that stocks are not real, money is not tangible, and the ebb and flow of the state of modern humanity is based on the tidings of economic speculation, it seems as if the world is dooming itself through its own prophecies of the future.In point: if it is thought [...]

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Global Economy and Speculation

On the premise that stocks are not real, money is not tangible, and the ebb and flow of the state of modern humanity is based on the tidings of economic speculation, it seems as if the world is dooming itself through its own prophecies of the future.

In point: if it is thought that the global economy is going to crash, then it will.

Economics is a self-fulfilling prophecy.

To these ends, Andy the Hobotraveler issued the following request to news media around the world:

I am Asking a Favor of News Media

I would like to ask a favor of the News Media of the World, whether it is Television, Newspapers, Radio, Bloggers, or any other of mass information broadcasting system. We must as a world and nation stop using words that scare the public; this is causing a panic and making this financial situation worst.

I could have used the word “Crisis,” however, it is not a crisis, it is a difficult situation, however if the New Media continues to use these types of words it will become a crisis.

The whole world is ok, the world is good, all is great, however restraint is needed.

We shall reap what we sow, please do not encourage confusion or search for blame, please do not cause people to argue. Now is the time for sound minds to raise their voice and help, it is the time when the leaders should lead by example.

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Fukuoka, Japan
Tuesday, October 8, 2008
Blog of Andy HoboTraveler.com — Add a Hotel — Travel Bag Design Survey — Professional Traveler Bag
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The use of sensationalistic and doomsday words need to be avoided for the good of the world. To use these words is a form of greed, think about it, becuase it is greedy to feel you need to be the first to tell information. This lack of responsibility for our actions is what has caused this situation, always the words,

“It is someone else’s responsibility, not mine.”

What did John F. Kennedy say,
“And so, my fellow Americans: ask not what your country can do for you – ask what you can do for your country.“

Andy Graham or HoboTraveler.com
Fukuoka, Japan October 8, 2008

I would appreciate if you would emails this, or tell this to anyone you know in the News Media and try to convince them to lower the level of their reports to a moderate level for the good of the world.

I am Asking a Favor of News Media

Links to previous travelogue entries:

  • Editor Eats Article
  • Urban Hermit
  • Ground Zero Photos New York City

Global Economy and Speculation
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Filed under: New York City, USA

About the Author:

I am the founder and editor of Vagabond Journey. I’ve been traveling the world since 1999, through 91 countries. I am the author of the book, Ghost Cities of China and have written for The Guardian, Forbes, Bloomberg, The Diplomat, the South China Morning Post, and other publications. has written 3705 posts on Vagabond Journey. Contact the author.

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