Comments on: Adventures with primary documents, sustainability-analysis edition A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 By: fresnodan Wed, 22 Feb 2012 10:30:42 +0000 News. What is it? When I read a newspaper or a blog, I ask myself “how many verifiable, actual FACTS are in this article?” Are the facts important? What are the important facts?

Now I just don’t look at FRED (St Louis Federal Reserve graphs) because I often need some interpretation and insight into what it means. Also, with all the facts in the world, I need somebody to filter out this avalanche of information and distill it down.

At some point, the news industry will figure out to always provide the raw data. There will be plenty of demand for distillation – just maybe not as much as there is now.

It used to be that you needed reporters to give you the synopsis of some Federal report or politicians speech. Now you can see it for yourself.
Remember Trent Lott – and his comment at Strom Thurman’s birthday party? An incident not particulary emphasized by the news media intially – but when the general public (or some members of it) saw it, what the media and the public thought noteworthy turned out to be considerably different.

We’re seeing it time and time again – politicians ability to taylor messages to certain groups is decreasing because of mobile phones and the ease of recording, as well as the ability for anyone to read the entire text of a speech on the internet. As well as the fact that the internet doesn’t forget…

By: kaylabi Wed, 22 Feb 2012 00:20:54 +0000 Great article. I agree with your opinion.

In the meanwhile, I think that it is really pathetic for Greece. It is unbelievable that the country is near the edge of bankrupt. It it were in the ancient time, a country without money must been defeated. Nowadays we just talking about her recover plan and wait her return the money she own. In this case, Greece wasn’t been defeated just because we would gain more of her returning the money than really defeat her.

I think the following article is relevant to the topic.

By: Greycap Wed, 22 Feb 2012 00:09:21 +0000 OK, you’re right, it’s great to post primary documents.

But really, no matter how well it’s written, how can it stand up to that graph? It’s the Bomb. First, look at that inflection point at 2012. As soon as the Troika gets its hands on the wheel, the Greek economy is scheduled for a 120 degree turn! If the Troika can do that, why stop at Greece? Let loose the new renaissance for all Europe!

Second, compare the area between the red line and the blue line on the graph. That area, translated in to cumulative debt, represents the difference between 120% and 160% GDP. Now mentally plot a plausible GDP trajectory in green. How does the area between your green line and the blue line compare to the area between the red line and the blue line? Mine is many times greater.

By: Murphp Tue, 21 Feb 2012 19:16:44 +0000 Interesting theme Felix. In this case, as far as the FT / Alphaville goes, it was simply a case that Peter Spiegel’s source in Brussels did not want the doc posting. While it is certainly the case that many journalists think in terms of providing a story rather than primary info, I think it is also very much driven by the sources themselves, who fear being unmasked by hidden identifiers on docs etc.

There’s an air of paranoia about information flows, especially when the news maybe price sensitive. We tell sources that we can do lots of things to strip docs of identifying marks etc, but nervousness remains. Blame lumpen regulation.