February 25, 2009
If enough people think everyone else is doomed, eventually they’ll doom themselves.
How true. A Eurobarometer study reports the same story as the CNN survey. Note the huge discrepancy between the perceived financial situation of a household (64% at least rather good) and that of the economic situation in the World (only 20%), the EU (33%) and the home country (29% very good or rather good).
This crisis is a result of many different factors and it will not be resolved by a single silver bullet. Many things will have to be addressed, in a coordinated way. The general fear and pessimism is one of them.Author : Žiga Turk