In the same week that The Economist lauded Ukraine's "commitment to European values," Kiev's current regime kicked out Euronews. Who do they think they are kidding?
Ah, The Economist. Without question, it’s is the best informed news magazine in the world… except on subjects I know something about. Take Ukraine for instance, throughout the country's current crisis, The Economist has been weaving a web of fantasy to its readers. The narrative has continuously blamed Russia for all Ukraine's misfortunes while painting its post-Maidan oligarchic rulers as being somewhere near God's right hand.
After wholeheartedly backing last year’s coup, the windy weekly has been unwilling to admit the severity of Kiev’s economic malaise. Instead, it has maintained the pretence that throwing money at its pro-NATO regime will solve all its problems. Anybody who knows the first thing about Ukraine acknowledges that the lion's share of the dough would be pilfered.
The problem is that a great number of the Western world’s most powerful people take The Economist seriously. The magazine appears both authoritative and credible, and never misses a chance to emphasize its own importance. However, this is “lipstick on a pig” territory. On subjects I’m reasonably informed about (Ireland, Europe, Britain, the ex-USSR for example), The Economist is more often wrong than right. Viewed through that prism, I’m extremely skeptical of the rag’s accuracy on topics I know little of.
In 2005, The Economist announced that Ireland had the highest quality of life in the world. I clearly remember reading the edition in downtown Dublin and that my first thought concerned the quality of the drugs the magazine’s editors were taking. Oddly, I'd penned a column a week earlier for the Ireland On Sunday newspaper predicting a deep recession for my homeland, which was rapidly losing its industrial base as credit-fuelled property madness raged.
Two years later, Ireland’s economy collapsed and a half decade of misery began. Incidentally, the periodical currently lists Melbourne as the best place to reside on earth. If you are in Melbourne right now, given The Economist’s track record, it’s probably best to emigrate before the inevitable happens.
Complete story at - The Economist has a funny sense of European values — RT Op-Edge
Ah, The Economist. Without question, it’s is the best informed news magazine in the world… except on subjects I know something about. Take Ukraine for instance, throughout the country's current crisis, The Economist has been weaving a web of fantasy to its readers. The narrative has continuously blamed Russia for all Ukraine's misfortunes while painting its post-Maidan oligarchic rulers as being somewhere near God's right hand.
After wholeheartedly backing last year’s coup, the windy weekly has been unwilling to admit the severity of Kiev’s economic malaise. Instead, it has maintained the pretence that throwing money at its pro-NATO regime will solve all its problems. Anybody who knows the first thing about Ukraine acknowledges that the lion's share of the dough would be pilfered.
The problem is that a great number of the Western world’s most powerful people take The Economist seriously. The magazine appears both authoritative and credible, and never misses a chance to emphasize its own importance. However, this is “lipstick on a pig” territory. On subjects I’m reasonably informed about (Ireland, Europe, Britain, the ex-USSR for example), The Economist is more often wrong than right. Viewed through that prism, I’m extremely skeptical of the rag’s accuracy on topics I know little of.
In 2005, The Economist announced that Ireland had the highest quality of life in the world. I clearly remember reading the edition in downtown Dublin and that my first thought concerned the quality of the drugs the magazine’s editors were taking. Oddly, I'd penned a column a week earlier for the Ireland On Sunday newspaper predicting a deep recession for my homeland, which was rapidly losing its industrial base as credit-fuelled property madness raged.
Two years later, Ireland’s economy collapsed and a half decade of misery began. Incidentally, the periodical currently lists Melbourne as the best place to reside on earth. If you are in Melbourne right now, given The Economist’s track record, it’s probably best to emigrate before the inevitable happens.
Complete story at - The Economist has a funny sense of European values — RT Op-Edge
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