Saturday, February 19, 2011

File This Under "Duh"

Something hit me while reading a financial site from the Middle East. Obviously culture bends our worldview. The blind men with an elephant seems even more relevant in the internet age.

Generally speaking, financial reporting in the US skews towards optimism. CNBC loves to dismiss warning signs only to be blindsided when bad news hits. Financial reporting from the Middle East tends to fret. Even if things are going great, they are nervous that doom is just around the corner. 

I'm glad to read views from different parts of the world.

Gives me a better idea about that elephant.

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