
By Paul Lashmar
Former BBC economics editor Evan Davis said at the Radio Festival in Glasgow earlier this month that journalists could have done more to warn the public about the credit crunch that has triggered the current housing price crash.“I do ask whether we did our best to warn people of impending problems during the upswing of the [economic] cycle,” Davis said.
He raised an interesting point. But there is an even more important overriding question of whether UK journalists did their job properly over the wider sub-prime mortgage crisis, which is proving to be more significant and disturbing than the timing of the economic cycle.
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