A poll of CEOs at Fortune 1000 companies conducted by Frost & Sullivan has concluded that the global economic slump is all the fault of 'the media', which is twisting facts and exaggerating economic statistics in a desperate bid to sell more copies and attract
more eyeballs.
"Because of this, consumers and business have frozen spending, canceled projects, sold investments, and laid off workers. This has caused a downward spiral in demand and pricing that has now caused about 20 trillion dollars of damage globally," says the
F&S study.
Apparently, this is not just the view of a small portion of feeble-minded, depression-addled CEOs, but a whopping 91% of those surveyed.
Never mind the catastrophic mismanagement and sheer unbridled greed of Wall Street's finest, let's just shoot the messenger instead.
Another great example of out-of-the-box, visionary thinking from the captains of industry. We can all sleep soundly, knowing that the economy is truly safe in their hands.