Economics and similar, for the sleep-deprived
A subtle change has been made to the comments links, so they no longer pop up. Does this in any way help with the problem about comments not appearing on permalinked posts, readers?
Update: seemingly not
Update: Oh yeah!
Wednesday, December 07, 2011
Adjectives in financial journalism
Related to Felix's complaints here, I am increasingly noticing sentences in the press (the FT Alphaville blog is a particular offender, but Bloomberg News is also bad) of the form:
"Troubled banks have been arranging complicated deals for vital short-term finance"
If you strip the adjectives out, you get:
"Banks have been arranging deals for short term finance".
I think the urge is to sprinkle some financial crisis fairy-dust over an otherwise intolerably dull story that ought to be headlined "Technical Changes Respond To Rising Yield Basis In The Dollar Repo Market". But guys? The financial crisis is interesting in and of itself. And guys? We don't buy the financial times (or subscribe to Reuters or Bloomberg) for the interesting stories - we buy it for the boring ones.
Edit: Oh Felix, Felix. Two posts down from that one ... "falling perilously low to zero". What's perilous about the Bundesbank having a zero balance on one line of its accounts?
this item posted by the management 12/07/2011 12:37:00 AM