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International Forecaster Weekly

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Dinosaur Media Is Almost Extinct

November 19th, 2014 By James Corbett

Given that the audience that still relies primarily on TV for their news is approaching death and given that the phenomenon of people giving up on TV entirely to get all their media online... does anyone but the most deluded TV network execs and newspaper editors doubt that the era of the dinosaur media is over?

In an Emperor-has-no-clothes moment, Dish Network Chairman Charlie Ergen made headlines earlier this month for pointing out the blindingly obvious: "Twenty years ago, CNN was a must-have channel, but it's not a top 10 network anymore.”

            Everyone knows this to be true, even those growing numbers of us who have disconnected from the boob tube entirely and now get all our information from the internet. CNN's laughable, ridiculous, self-parodying coverage of the missing Malaysia Airlines Flight 370 earlier this year (Swallowed by a black hole!? We'll explain it all with this toy plane!) highlights the absurdity of a 24/7 news network in the age of 24/7 internet. Rather than listening to uninformed talking heads guessing about the latest story for hour after hour, why not just search out the latest information for yourself from any news source anywhere in the world?

            This is the microcosmic example of a macrocosmic phenomenon that's been playing out for the past decade: people are tuning out of the mainstream dinosaur alphabet soup networks and canceling their subscriptions to the establishment mouthpiece newspapers in record numbers. The dinosaur media is going extinct.

            Don't believe me? 2008 headline: “Internet Overtakes Newspapers As News Outle...

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The Most Important Story You Didnt Read About This Week

November 15th, 2014
By James Corbett

Not one Westerner in a hundred could identify the area in question on a map, let alone tell you its significance, but that doesn't make the consequences of a renewed Azerbaijani/Armenian conflict any less grave.

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Internet Regulations Spook Investors in Cable Deal

November 12th, 2014
By James Corbett

In 2010 the FCC released its Open Internet Order as a response to public fears about the possibility of ISPs abandoning net neutrality. It was an ambitious order that included strict regulations against blocking or slowing down websites arbitrarily.

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Cyber Terror and the Future of the Web

November 8th, 2014
By James Corbett

We're supposed to believe that Hannigan is the crusading hero of the noble and valiant British version of the NSA. We're asked to swallow the line that his op-ed,  is actually a reflection of the fact that the British government loves and cares for the people of the world...

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BOJ Makes It Rain on Japan

November 5th, 2014
By James Corbett

This is make or break time for the BOJ: either they will live up to their promise of reversing Japan's 20-year long stagnation doldrum with this final QE hail mary, or they will likely see two more conservative members appointed to the board next year...

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European Bloc Balks Over Austerity

November 1st, 2014
By Alfred Adask

  Some European nations (including Italy, France and perhaps Spain) have become "Greece-i-fied" in that they reject the idea of personal or national responsibility.  They believe that they should be entitled to party hearty at someone else's expense.

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Save Our Gold

October 29th, 2014
By James Corbett

...if the “Save Our Swiss Gold” ballot does pass, there are already plans for a second referendum initiative: the creation of a gold franc as a second official currency by the federal government.

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The Future of Syria

October 25th, 2014
By James Corbett

So, let me understand... Shutting off the Iranian banking system from the outside world and depriving huge swathes of that population with access to the global economy is fine and dandy because of that country's nuclear research, but the new boogeyman-du-jour can't be sanctioned because of concern for the civilians?

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You Little People

October 22nd, 2014
By Bob Rinear

In essence, despite a zero interest rate policy that mainly helps the wealthy; struggling families with falling incomes ought to take steps to accumulate "considerable assets," as retirees take part-time jobs to make ends meet. Let them eat cake, indeed.

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Governing by Fear From Anthrax to Ebola

October 18th, 2014
By James Corbett

...all the reports about this supposed epidemic are based on faulty data provided by governmental agencies that have admittedly lied and covered up such data in the past to promote fear and terror for political and economic ends... ignore it. Tune it out. Turn off the TV and observe the actual world around you.

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Announcements, news and information.

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Bob Chapman

The creator of the International Forecaster, Bob Chapman.