Category Archives: Finance

That is what I saw hours ago, lies of the present. We all know that tourism in America is down. The strongest influencer in this is Canada and the impact is larger. There is Flight center with the $100M income wallet bash. But no, here is the Financial Times giving us this ‘presented truth’ 

So, when we see another source give us “The tourism industry in the United States is witnessing a notable downturn, with a 17% reduction in European visitors in March 2025 compared to the previous year. This decline is alarming, given the tourism sector’s contribution of approximately 2.5% to the U.S. GDP. The decrease isn’t limited to European visitors; the overall number of foreign tourists fell by 12%, marking a significant drop since the post-pandemic recovery period of 2021.” As such, we only see the little text the FT gives us with the headline ‘The US tourism slump that never happened’ and that is it. I didn’t read the article because I never paid and this is how the FT leaves us hanging. And in light of this ‘debatable’ presentation towards income, the Financial Times can be accused of nearly anything. The downside of throwing teasers to the public to gain fees. With the text “Leading travel industry players are expressing concern over declining interest in U.S. destinations among European travelers. Accor, a French hotel group with a significant presence in the United States, reported a 25% decrease in summer bookings from Europe. Similarly, Voyageurs du Monde noted a 20% drop in bookings since the onset of the current U.S. administration, reflecting a growing disinterest among European tourists.” As such, what slump never happened? So whilst we read “this shift signifies a broader sentiment of dissatisfaction with U.S. policies and highlights the need for a reassessment of strategies to attract European tourists. Industry leaders emphasize the importance of addressing international perceptions to rebuild confidence in the U.S. as a welcoming and diverse destination”, whilst other places (like Abu Dhabi) is showing themselves like a more willing host to tourists all over the world. What possessed the FT to give us this (unread by me) article? As I see it, you cannot play ‘upside’ boy using presented advertising without getting hurt. The Financial Times Is according to some “a renowned British daily newspaper and digital publication that provides in-depth coverage of business, economic, and financial news on a global scale” So what does that bring us “Despite fears of a sharp downturn amid foreign visitor boycotts, the sector has had a decent summer”? In a setting where we see places like NPR gives us ‘Far fewer Canadians are visiting the U.S. this year, new numbers show’ with the added text ““It’s tough, because we’ve developed this relationship with the cross-border economy,” Dame said. “And now here we are, the rug getting pulled out from underneath us.” New data confirms that far fewer Canadians are making trips south. Canadian residents made just 1.7 million return trips by motor vehicle back into their country from the U.S. in July, a nearly 37% drop from the same month in 2024, according to a report published this month by Statistics Canada.” So how exactly is this ‘the slump that never happened’? Then when we see ““It’s a decline that’s not stopping things from happening, but it is affecting the revenue that people are collecting,” she said. The U.S. saw 20.4 million visits from Canadians last year, making Canada the top source of international tourists to the United States, the U.S. Travel Association reported. The group said in February that those visits generated $20.5 billion in spending and supported 140,000 U.S. jobs.” I see that as a slump and it is happening all over the place (Florida is a ‘great’ example), my issue is that America can be delusional all it wants to be, but when the media is catering to certain aspects like catering to big corporations and big tech, they are hindering the truth from reaching us. A nice example is the Chinese mega corporation Evergrande, who crossed all three red lines, resulting in a liquidity crisis and its later insolvency. In summer of 2021, payments due on its debt, estimated in the hundreds of billions of dollars, resulted in the Evergrande liquidity crisis. So how many people were hit by that setting? How many people are investing now on bed and breakfast investments in America will be seeking a Chapter 11? (Apparently only the first 10 chapters are worth reading) We the people are depending on correct news and when we are given dubious articles by the people who used to inform us, what hopes do we have to evade any financial fallback? 

It is about the accountability of the media, ‘filtering’ information to give us the information that makes us jump as to what the ‘big dogs’ wants us to do. On June 19th 2012, I wrote ‘The accountability act – 2015’ (at https://lawlordtobe.com/2012/06/). It never came, and now 10 years later we need to start asking questions, where is the responsibility of the press? Where is the accountability of the media? And this is not just the Financial Times, it is the bulk of the media that is the question. Can we allow the media to play courtesan to big tech and big corporations for the need of digital dollars? Have we become that dim?

Questions that are not answered by anyone as the political players hide behind the ‘game that is played, as business as usual’ whilst they are all arranging the chessboard like a game of blindman chess, with only big business getting to see both chessboards and depriving us of the real deal. So how is that valid? Because when the setting is that we need to pay to see it all, and they deprive us of a fair view, is that not some form of discrimination? What happens when an audience of billions see that big corporations made themselves the royalty they were never supposed to be, that they replaced real royalty in places they could and as they lived through the settings of ‘live like presented’ and than change the presentation so that only ‘they’ could remain is not a way to live, not for the others. And this has been going on for decades, all presenting ‘partners’ having each others back. Often hiding behind ‘the people have a right to know’ but in the underline it is given in the way of ‘the people have a right to know what we want them to know’ and as such the filtering goes on and now that the economies of this world are in turmoil, the cracks start showing. You see World Association of Newspapers and News Publishers represented over 18,000 publications in 2011, and Wikipedia notes that in 2005 there were approximately 6,580 daily newspaper titles globally, with 1,450 in the U.S. alone. There is no real up to date number. But consider that there are 340 million people in America, there are 1450 newspapers, which means that there are 234.5K readers per newspaper (through pig latin analyses) but that is never true, as such they ALL want to get their advertisement money, that is the rule of newspapers, not the news, the advertisements. And as the media exploded in size, it stood to reason (their reason) that this income increased, it did not. So as more and more were deciding that chasing the digital dollar was the way to go, the intent and the credibility of the media decreased. As advertisement evolved and digital advertising was the next new thing, the media exploded into the field of exploiting digital advertising. And here the setting changed. As the media is now ‘depending’ on that setting, the news takes a turn for the bad of the land and can now be influenced by big business and as such we get the setting we see now all over the place. People like Murdoch live of this venture and it is their right, but the larger media, the media that is ‘depending’ on credibility, what about them? I am not saying that all media need to adhere to ‘old’ standards, but we now have an issue. When we are given ‘the slump that never happened’ all whilst we see others give us ‘US Tourism in Peril as Decline in Foreign Visitors, Soaring Visa Fees, and Stricter Travel Policies Drive Away International Travelers’, so did the slump never happen?

I’ll let you decide. Have a great day.