Monday, September 15, 2008
Many of you may realize that global financial markets are susceptible to perceptions as much as actual negative data. Consequences of the current Lehman Brothers collapse have started to radiate out into global markets. My question here is: how much of this is sustained, amplified, or at least framed by foreign media outlets? What kind of narrative will emerge from this outside the U.S.? And, is it something that the U.S. can possibly control?