The internet amplifies recession fears

The instant news delivery from online sources multiplies the amount of information a person can take in. News from panicall over the globe can be scanned in seconds, and multiple stories about a subject can layer on top of each other to make the event appear more extreme and severe.

Obviously, most of the world is experiencing financial issues. Individuals are each experiencing their own financial adjustments. The combination of the two factors can result in a person resorting to panic. Reading about trends and news regarding the economy is helpful, but should be tempered with the fact that the world is not coming to an end.

Using news to responsibly plan for the future is a sensible way to manage life. Becoming overwhelmed with fear about coming events can result in compromised decision making.

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~ by Dave on February 4, 2009.

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