That certainly got your attention didn't it? If that got your attention I am pretty sure you would shell out 50p for a newspaper at the train station on your way home with the same headline, wouldn't you? I know I have. What I am trying to get at is that a lot of our recession fears and woe's can be linked directly to such headlines. While I am not saying that newspapers are responsible for the state of our economy or the current banking crisis they are pretty good at making things sound a lot worse than they actually are and over cooking the issue. Well if you think about it if you had the chance to sell more of your product with some catchy lines wouldn't you?
I wonder if the newspapers started saying "All is great!" or "Economy saved" if it would have a positive effect physiologically on the economy? What may also be interesting is all of the potentially damming things the government and other organisations may have slipped out while everyone's attention was averted elsewhere.. could there be anything worse than a credit crunch?
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Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in anyway.