Saturday, October 29, 2011

Guardian now nicking it’s journalism from Zerohedge

Euro bailout - an animated explanation

Are you confused about what the Euro bailout actually is? So were we! Tom Meltzer tries to explain with the help of his animated friends …

Posted by general congreve @ 01:16 PM (1694 views)
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8 thoughts on “Guardian now nicking it’s journalism from Zerohedge

  • Who actually thinks these videos are clever? You can take any dull script and feed it through Stephen Hawking’s voice-box, but that doesn’t make it in any way entertaining. It takes more words to explain things and listening is much slower than reading. The robotic voices don’t provide intonation or emotional cues to assist in understanding. All in all it’s just lazy journalism.

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  • For once in a blue moon, I’m going to have to disagree with you drewster.

    The facts could be presented blandly in a writeup of the outcomes but that doesn’t really convey the utter crayzeeness of lending yourself money based on the possibility that an unidentified third party will cover it at an unidentified point in future time.

    If I was unemployed and said “lend me £200k because there is a possibility that at some time in the future I’ll get a really high paying job”, banks would laugh at me. Therefore in turn we should laugh at them.

    Oh, and actors are expensive.

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  • general congreve says:

    The Euro situation is akin to a household running up unserviceable debts, only to tell the bank that if only they lend them more money to tide them over something will turn up in the future. And the bank willingly does it, because if they don’t they won’t get paid, will have to write down the loss and will be broke too.

    When this joke of a debt ponzi system finally blows it is going to unreal.

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  • general congreve says:

    @1 – I think the ‘blandness’ of these videos lends itself to a rather deadpan presentation which suits the subject matter perfectly.

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  • “so who will buy it”?

    “What about aliens”?

    ……or as Forrest Gump said “stupid is as stupid does”.

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  • I usually love these animations, and this one is bang-on. I’m surprised and pleased to see it “in” the Guardian.

    Am I imagining it, or over the past couple of months, are the MSM changing allegiances in the VI war from pumping house prices to trashing the economy and house prices with it?

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  • general congreve says:

    @6 – I’d agree, The Telegraph is now more or less exactly the same as reading the alternative financial media. This is also very refreshing from the Guardian. However, if the commentary is on the UK the Guardian will always trash the Tories and spout the same economic illiteracy as Ed Balls, whereas the Telegraph is happy to heap sh1t on all parties, making a mockery of those that call it the Torygraph.

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  • i actually really enjoyed it. Worked on multiple levels – very refreshing from the guardian and i hope they keep it up.

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