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Month: May 2020

“The Market for Depressing Predictions Is Booming”

“The Market for Depressing Predictions Is Booming”

The media focuses on doom and gloom based frequently on rampant speculation. No one “reports” anymore. Instead, they prognosticate and speculate about the future with made up gloom and doom, most of which makes no logical sense. The reason for the gloom and doom is due to an odd bit of psychology. Negative information always takes precedence over positive information – it is a basic survival mechanism to pay attention to bad things. The media know this. And strangely enough, news consumers seek out more bad news to validate their feelings of anxiety.