Media impressions can sometimes give people the wrong impression, and nothing can make that more abundantly clear than the recent inundation of stories about the “housing bubble” bursting, and mortgage companies declaring bankruptcy.
While not on par with the still-completely-ridiculous Time magazine's 2001 cover “Summer of the Shark,” media impressions covering everything from evictions, mass foreclosures, and freezes in the construction industry might actually be contributing to the crisis, rather than reporting on it—a sort of self-fulfilling prophesy. Indeed, the ...