A couple of month ago, when the media started reporting on the high rate of foreclosures, the rest of the economy wasn’t exactly setting any records, but weren’t in a recession, either. I believe that the economy became the highlight, the news story of the week. And now, all sectors of the economy are struggling.
Saturday, November 22, 2008
Induced recession
Sometimes, in the midst of trying to report the news, I think that the media can actually create the news.
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