Recent studies say that as much as 70% of all news we hear is from corporate or government sources. In other words, shit. And these experts they keep trotting out to tell us all is well are nothing more than paid shills no better than the snake oil salesmen of the old west. Check out this clip from the excellent movie, "Outfoxed."
That's messed up. Now I don't want to say that all experts are either paid talking heads or do not exist, but a majority of the time everything you are hearing is information designed for propaganda purposes. The news is using the term "some people say," as a way of injecting their own bias into the reporting without appearing to do so.
Take North Korea for example. Almost every newscast or article says the same thing that unnamed experts say there is a very small chance of war breaking out against South Korea and the US. There is no possibility that any expert on planet Earth can make that deduction and here's why.
As North Korea is a closed society, few people anywhere can know much about their new leader, Kim Jong Un. Therefore, no expert can say with any degree of certainty whether or not Un may or may not be insane. If he is sane, then chances for war diminish greatly. If he isn't, all bets are off. As there is literally no information anyone can gleam as to his mental state, the odds of a war with North Korea are no better than 50/50. A 50% chance of war with North Korea is not a small amount as they keep saying.
Who are these experts? Where do they get their information? What are their criteria for determining rationality of the North Korean leader? Without that knowledge, we as a people also cannot take what the news is spitting at us as gospel. Un could be a dangerous psychopath who killed his father to take over the country and is now a megalomaniacal tyrant bent on world destruction. Mind you that is pure guesswork, but tell me it isn't possible? If it does turn out to be true, then the possibility of war is greatly amplified.
The news keeps telling us "don't worry, by happy." Don't worry about North Korea as they do this all the time. Yes and no to that. His father used to do this all time. Un is different person. We have no idea what he is capable of. Unlike his father, he is taking this belligerence to a new extreme, meeting with his parliament again and declaring they will never give up nukes and will use them is they so desire.
The US is taking these threats seriously enough to move stealth bombers and guided missile destroyers into the area and warning the North that if they so much as blink we will blow them back to Mars. If Un is unstable enough to think he can win in such a fight, especially with a first strike capacity using their limited nuclear supply, the US will wipe them from the face of the earth, creating a whole new set of problems. The only good news with any of this is that the chances for a world wide conflict erupting over any war with Un is relatively small as Russia and China most likely will not get involved, especially if the North strikes first.
The other story the news is not being honest with you about is the Cyprus bank grab which may net some a loss of at least 60% from large accounts. This will lead to a new Depression throughout the region, even though the news is like the Fonz trying to say "I love you," when the D word is mentioned. It's always a recession to them when it's much more serious, and not a recession at all when things are even worse.
Turns out, this type is activity could happen here. This is from From The Trenches:
“A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland (discussed earlier here); and that the result will be to deliver clear title to the banks of depositor funds. ”
So it is possible that one day, instead of FDIC protection, bank depositors will be given stock instead of money, like Cyprus, which might lead to be being payed in the equivalent of Zimbabwe dollars, or in other words, worthless paper. If the stock tanks than the stock holder loses everything and you become another broke investor, even though you never intended to gamble on your hard earned money that way.
If they do decided to do something like this I hope they have a good supply of body bags because this country will be PISSED if everything they own is stolen by the rich for their own benefit. It will be war at that point. Such an action would also lead to the end of the banking system as billions of dollars would be pulled en masse, collapsing the economy.
But the news isn't telling us any of that. According to their experts it will never happen here. If only we could believe them. But as they don't exist, why should we?