Is the Mass Media making things worse?

News means exceptions. Can the current news spread fears and therefore make bad economic situation worse? People are spending less when all the bad news impact the psyche and Asian usually are prudent and conservative will become more so. Hence the economic will contract further. What is real? Can higher spirit level or God change the economic situation of the globe? In Japan, the annual visitors to the temples to offer their prayers for the new year increased this year. Does praying help? Will God answer our prayers for a improving and growing economy?