American's Focus on Europe Crisis!

By: Ian Campbell | Tue, May 22, 2012
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Why Read: Because this commentary ought to focus you on how carefully you have to read things before reaching your own conclusions.

Featured Article: A May 17 article published by the Pew Research Center suggests "the (American) public's lack of interest in Europe's (economic) woes is part of a broader indifference to international news". The article, headlined 'Public Yawns at European Economic Woes' reports:

The Washington, DC Pew Research Center is an independent, non-partisan public opinion research organization that studies American attitudes toward politics, the press and public policy issues. It conducts both monthly polls on political and major policy issues, and weekly surveys aimed at gauging the American public's interest in and reaction to major news events.

Commentary: The article headline needs to be looked at as somewhat 'sensationalist', absent the Pew Research Center updating its December 2011 survey to a current date - and either confirming or contradicting the response statistics then reported. This is because a great deal has happened by way of 'events crystallization' since the second week of December 2011, including:

As a consequence, while a very recent response from an American poll that suggests 17% of American's are following European economic problems closely is interesting, it is:

To determine whether American's see Europe's economic problems as a 'Major Threat', the Pew Research Center ought to repeat its December 2011 survey now, and publish the results. Even if a current survey reports the same bi-partisan 46% of American's who think Europe's economic problems are a 'Major Threat' is reported, that is a significant percentage.

Public Yawns at European Economic Woes
Source: Pew Research Center, May 17, 2012
Reading time: 3 minutes

 


 

Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
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Through the Economic Straight Talk Newsletter Ian R. Campbell shares his perspective on the world economy, the financial markets, and natural resources. A recognized business valuation authority, he founded Toronto based Campbell Valuation Partners (1976), Stock Research Portal (2007) a source of resource companies market data and analytic tools, and Economic Straight Talk (2012). The CICBV* annually funds business valuation research in his name**. Contact him at icampbell@srddi.com.
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