A blog for Small Business Consultants and the distributors who serve them. One needs to be wary of the assumption that possession determines independence of media. Many assume that state media are dependent and non-state media are impartial. In reality, public service, privately owned industrial media, and basis-supported media could or MIGHT NOT be independent. In Saudi Arabia, for example, state media are owned and operated by the monarchy and personal media are owned by princes and individuals near the crown. There’s little difference between them with problems with politics, economics, and social lives are addressed. The press is relatively separate from government and politics in Germany but not in Hungary, yet it still represents an elite perspective. Public service broadcasting is reasonably impartial of presidency in Sweden, however not so in Serbia.
Fable #1: If Banks do Nicely, Canadians do Properly, Proper? It is generally believed that if a country’s banks are doing well, it means that there is credit obtainable to lubricate the financial system, thereby ensuring a constant degree of progress. This keeps unemployment low because Canadians have entry to relatively low cost credit that can be utilized to spend and maintain the economy growing. Banks supply credit so that businesses can make investments more than the money they have available, allow people to purchase properties without saving the complete value in advance, and allow governments to rely much less on tax revenue to clean out spending. This argument has been fed to the public for fairly a while with the idea that the connection between bank performance and Canadian welfare is linear. That’s, the more of 1, the extra of the other.
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