8th December, 2008
Are some journalists guilty of “careless headlines or injudicious reporting” which risk becoming self-fulfilling prophecies of a very serious nature? Peter Wilby discusses reporting on the current crisis in his piece today for the Guardian. In it he also refers to my 2003 New Statesman article warning of the coming debt crisis.
Let’s not forget that Richard Lambert was until very recently one of the most eager advocates of keeping interest rates high , eg
http://www.independent.co.uk/news/business/news/banks-warning-on-inflation-dampens-hopes-of-rate-cuts-772427.html
So I can see why he
might be keen to point the finger of blame elsewhere …