Pessimism Porn? Economic Forecasts Get Lurid

People are logging onto the Internet to read all sorts of dire economic predictions: a new Great Depression, bread lines, riots, you name it. And with the recession taking hold, many have become addicted to apocalyptic news about the economy. This sky-is-falling content online has the same sort of can't-look-away quality as a car crash or porn, for which New York magazine has coined the term "pessimism porn." One of the stars of this new genre is Gerald Celente, a trends forecaster who's...Full Story
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