24 Sep 2010

More Goofy Headlines from CNBC

Financial Economics 2 Comments

But at least this one relies on a faulty theory, not ignorance of a definition.

2 Responses to “More Goofy Headlines from CNBC”

  1. Silas Barta says:

    Another LOL from me. As I say, ad infinitium: Why is it bad for more money to go into savings? Why does ‘the economy’ entirely hinge on money not doing this? If people aren’t buying worthless junk, but are saving instead, that means the producers of the junk … um, shouldn’t be producing it, not that we have to engineer some kind of way to get people to keep buying junk.

  2. Daniel Danta says:

    This article was particularly bad. Is there any good reason why she is writing a piece on the economy? She seems to be completely clueless even along Keynesian lines.