The recent recession has many of us in a situation worse then we were in just a few months ago. The media has jumped all over the recession and has even compared it to the Great Depression in some respects. So, is it all doom and gloom? Actually no, there are a lot of positive [...]
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Economics is the science that deals with the production, distribution and consumption of goods and services that a society produces. It affects all walks of life, be it social, political or financial. Economic growth is very important as it is the pillar of any country. If there is proper economic growth, it means that businesses [...]
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The Numbers Game We all hear talk about the current recession, but too few have an in-depth understanding of economic recession statistics and indicators. While it might at first seem a bit intimidating to learn, these measures actually make it easier to understand how economic predictions are made. Keep reading and I’ll explain some basics. [...]
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Recession Preparedness What sort of precautions can you take when you believe a recession is on the way? If you think that a recession is emerging, there are good reasons to get ready for it in constructive ways. You don’t want to start panicking or fear mongering. Instead, you want to make decisions that will [...]
Tags: company downsizing, consumer confidence index, economic recession, high interest loans, recession proof
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The old saying “History doesn’t always repeat itself, but often rhymes”, is based more on fact than fiction. By studying the US Economic Recession History, you should better understand how current recessions may affect your financial life today. I focus on recessions simply because they have a dramatic effect on 401k balances and investments in [...]
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