My opinion on this subject is clear to all my friends. In my opinion the press has a large influence on the development of financial difficulties in a country. I will explain.
When news, media, newspaper all print major headlines like "our country in financial trouble" or "Low point for our economy since 100 years", people get afraid. The consequenses of such headlines are people stop spending. They are frightened about what is coming, will they lose their job? They are keeping their money, not going shopping, saving up as much as they can. The consequense of such behaviour is, shops make less profit, people DO get fired.
Those headlines make a financial crisis. Off course not completely but it surely does not help.
Recently media and financial department here finally are announcing that we are going up again! Hooray! People do not worry! The crisis is coming to an end. Spend your money! Make the businesses flourish again and do what you can to stimulate your country's economy!
