Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Naturally again, the media are gleefully talking up the possibility of a housing crash, exacerbating the problem and quite likely causing one.
Isn't this the truth for all the press everywhere.  They seem to always be rooting for some catastrophe.  I feel that way in the US today.  We're having a housing slowdown, but the press loves to paint the picture of a housing crash that will carryover to the rest of the American economy, causing a recession, or maybe even depression.  But wait, some of the comments and diaries on ET seem to root for the same outcome,,,,don't they?
by wchurchill on Tue Mar 27th, 2007 at 03:09:09 AM EST

Others have rated this comment as follows:


Occasional Series