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 [...]
Tags: designer handbag, doom and gloom, economic recession, global coordination, low interest mortgage
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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. [...]
Tags: domino effect, economic predictions, economic recession, national bureau of economic research, unemployment levels
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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
Posted in Economic Recession | 2 Comments »
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 [...]
Tags: dow industrial, economic recession, major market indexes, nasdaq index, national bureau of economic research
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A series of events in the United States had sparked a vicious recessionary cycle which is commonly referred to as the economic recession of 2007 or financial crisis of 2007. Many people misunderstand the causes that are related to the recessionary cycle that led to high rate of unemployment in the United States. The Bureau [...]
Tags: bureau of labor statics, causes of unemployment, demand and supply curves, economic recession, population census
Posted in Unemployment | 4 Comments »