tp6626
02-19-2010, 01:10 PM
Thought it might be an interesting game for us to attempt to rewrite media / news stories in the no-nonsense INTJ way, as most of the time, the reporter is plain wrong, the report is littered with bias, and miraculous meaning has been found from actually a very small amount of input data.
For example:
"Credit card interest rates at their highest for 12 years..." (To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts.)
Whilst BOE base rates are the lowest they've been ever (that's over the past 316 years)! This shows that the banks have very little confidence in the BOE base rate as an indicator of market stability. They're effectively doing what they want regardless.
As for likely effects, then those in debt are going to find it increasingly harder to get out of that debt, as banks continue to attempt to rebuild their balance sheets.
Ultimately there will be increasing numbers of people defaulting over the coming months.
You have to ask yourself what chance anyone making mortgage repayments with their credit cards actually has now? Repossessions will also increase.
Not much more than that can be read into it. :)
Hardly publishable (I'll admit my version is slightly guilty of bias too), but padding-out with bullshit is an action reserved for those in the 'professional media' only.
So, anyone else care to have a stab at this?
For example:
"Credit card interest rates at their highest for 12 years..." (To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts.)
Whilst BOE base rates are the lowest they've been ever (that's over the past 316 years)! This shows that the banks have very little confidence in the BOE base rate as an indicator of market stability. They're effectively doing what they want regardless.
As for likely effects, then those in debt are going to find it increasingly harder to get out of that debt, as banks continue to attempt to rebuild their balance sheets.
Ultimately there will be increasing numbers of people defaulting over the coming months.
You have to ask yourself what chance anyone making mortgage repayments with their credit cards actually has now? Repossessions will also increase.
Not much more than that can be read into it. :)
Hardly publishable (I'll admit my version is slightly guilty of bias too), but padding-out with bullshit is an action reserved for those in the 'professional media' only.
So, anyone else care to have a stab at this?