they DO report reality, just like the FT: most of my statistics, graphs and info come from them, after all. They just choose not to acknowledge them, or not to draw the logical conclusions.

Even in that article, the logic is that of favoring the "soft landing" and avoiding (mentioning) a crash, and they manage to slip in that Europe's prospects are much better because they still have a lot of "potential" as Europeans have not yet reformed, and thus, when they will, they will grow even more.

It's totally exasperating, but we see the same about Iraq. You'd think that the expression "when in a hole, stop digging" would apply here, but nope, we have to dig even more.

In the long run, we're all dead. John Maynard Keynes