Almost like it's still happening and a 2-3 year issue won't impact overall long term economic projections for the area.
So since I gotta respond to this, FUD in America is "Fear, Uncertainty, and Doubt" that was used by WinTel salesmen when trying to sell their systems to IT departments. The argument being "ok sure xxx is good now but do they have the support of IBM? Will they fail?" or something of that nature. So FUD in this respect comes down to thinking micro on a macro issue.