I'm writing a paper about self fulfilling prophecy for my psychology class. Here's the question I've been wanting to write about, but I'm not sure if this is considered to be a self fulfilling prophecy. Do you think Bernanke and Paulson created a self fulfilling prophecy back in November when they gave a speech about a total economic collapse? Was is absoulutly necessary to create a TARP program at the time to ensure economic stability or did the government react too fast based on fear? Anyways appreciate it if anyone shares their opinion.
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I'm writing a paper about self fulfilling prophecy for my psychology class. Here's the question I've been wanting to write about, but I'm not sure if this is considered to be a self fulfilling prophecy. Do you think Bernanke and Paulson created a self fulfilling prophecy back in November when they gave a speech about a total economic collapse? Was is absoulutly necessary to create a TARP program at the time to ensure economic stability or did the government react too fast based on fear? Anyways appreciate it if anyone shares their opinion.