Trapped in horror transactions
Tabloid representations of the non-performing loans crisis and hardship defaults in Hungary
Bibliographic Data
| ID | 3041685 |
|---|---|
| Authors | Balázs Gosztonyi (0009-0000-7459-6810, corresponding author) |
| Year | 2025 |
| Volume | 2025 |
| Issue | 101 |
| Pages | 52-66 |
| Publication date | 2025-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Focaal (JOURNAL) |
| Journal identifiers | ISSN: 0920-1297 • E-ISSN: 1558-5263 |
| Publisher | Berghahn Books (PUBLISHER • GB) |
| DOI | 10.3167/fcl.2025.1010105 |
| OpenAlex | W4408235678 |
| Language | EN |
| References cited | 14 |
As part of a process of non-performing loan crisis, Hungary has been experiencing a protracted foreign currency loans crisis since 2008. The crisis and the household management of problem debts were commonly discussed in popular tabloids, which play an important role in framing economic events for lay audiences. For this study, I selected relevant articles from the most popular Hungarian tabloid, Blikk, and used discourse analysis to understand how the crisis was narrated. The tabloid stories portray borrowers through metaphors and personal gossip stories of both celebrities and ordinary people. Debtors are usually portrayed in the media as financially illiterate or undisciplined subjects of lifestyle defaulters; however, the gossip stories in this Hungarian tabloid presented borrowers as financially struggling hardship defaulters and victims of creditors
Aesthetics · Art · Business · Language, Metaphor, and Cognition · Media Influence and Health · Narrative Theory and Analysis
Capital Claims
A housing regime unchanged
How risky debt became ordinary
Introduction
From laissez-faire lending to the marketization of litigation
Contesting household debt in Croatia
Tabloid journalism and the public sphere
Dialectical Anthropology
How Orbán won? Neoliberal disenchantment and the grand strategy of financial nationalism to reconstruct capitalism and regain autonomy
Indebted
Debtor publics
Suspensory indebtedness
Folk economics and its role in Trump's presidential campaign
| Citation velocity | historical |
|---|---|
| Highly cited | No |