Quote:
Originally Posted by beermeister
It's the media that help drive the boom/bust cycles, particularly in the UK. Granted markets are slowing down and that's just how it might continue if the media didn't sensationalise everything; conversely, the media had a lot to do with driving up house prices to overinflated levels....I'm in the conspiracy theory camp that the more trouble the media can stir up, the more stories there are to report on....and so the circle of economics and media goes on.  |
Another angle on it....good point!