FYI: The preoccupation with all of the things that could possibly go wrong has been a persistent characteristic of this economic recovery. It was termed recession porn in 2009. It has been a focus of websites, pundits and, of course, goldbugs. When an economist picks up the nickname “Dr. Doom,” it suggests an obsession with the negative.
Recession porn was perhaps best parodied in the following tweet:
Regards,
Ted
http://www.bloombergview.com/articles/2015-05-19/investors-underestimate-odds-of-virtuous-circle
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