Let's calm down with our reaction to Japan disaster
March 16, 2011
Posted by Chris Roush
Marketwatch.com columnist David Weidner asks that business journalists and pundits pontificating about the economic and financial impact of the Japanese earthquake and tsunami need to take a deep breath and realize what’s more important.
Weidner writes, “But in times of tragedy, the financial world needs to be more sensitive, at least in how it discusses tragedy. Comparing the loss of life in Japan to the debt markets or suggesting that a global food shortage is a good thing either shows how removed we’ve become or desensitizes us to the real hardships that people face.
“Economic machinations and tragic loss of life don’t belong in the same sentence, much less one that suggests the debt problem is somehow more important than the dead washing up on the beach in Sendai.
“What’s happening to victims in the Middle East, Japan and food-starved nations is worse than what’s happening to us at the pump or to the debt or commodities we hold.
“Nothing could be worse, really. But our reaction can make it worse.”
OLD Media Moves
Let's calm down with our reaction to Japan disaster
March 16, 2011
Posted by Chris Roush
Marketwatch.com columnist David Weidner asks that business journalists and pundits pontificating about the economic and financial impact of the Japanese earthquake and tsunami need to take a deep breath and realize what’s more important.
Weidner writes, “But in times of tragedy, the financial world needs to be more sensitive, at least in how it discusses tragedy. Comparing the loss of life in Japan to the debt markets or suggesting that a global food shortage is a good thing either shows how removed we’ve become or desensitizes us to the real hardships that people face.
“Economic machinations and tragic loss of life don’t belong in the same sentence, much less one that suggests the debt problem is somehow more important than the dead washing up on the beach in Sendai.
“What’s happening to victims in the Middle East, Japan and food-starved nations is worse than what’s happening to us at the pump or to the debt or commodities we hold.
“Nothing could be worse, really. But our reaction can make it worse.”
Read more here.
Media News
Wichita Biz Journal hires Naveed as a reporter
April 18, 2024
Media News
Seeking Alpha hires Mozee as a reporter
April 18, 2024
Media News
CalMatters acquires tech news site The Markup
April 18, 2024
Media News
Zhang named chief DC correspondent for STAT News
April 18, 2024
Media News
STAT News hires Tracer as senior editor
April 18, 2024
Subscribe to TBN
Receive updates about new stories in the industry daily or weekly.