NECSUS (Jan 2012)

Portraying the global financial crisis: Myth, aesthetics, and the city

  • Miriam Meissner

DOI
https://doi.org/10.5117/NECSUS2012.1.MEIS
Journal volume & issue
Vol. 1, no. 1
pp. 98 – 125

Abstract

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From 2007 until today an intricate set of events has been unsettling the global financial markets. The naming of these incidents has been multifold, varying between a general rhetoric of economic downturn (‘crash’, ‘crunch’, ‘meltdown’, ‘hangover’) and more descriptive terminologies indicating the reasons, geographic involvements, and historic time-span of the developments at hand such as: ‘US subprime mortgage crisis’, ‘European sovereign-debt crisis’, and ‘late 2000s financial crisis’. From the outset, the media played a key role in communicating and interpreting these market developments.