Despite the news that the US economy is now on its way to recovery, Timothy Geithner warned that this year is still one of those difficult periods.... ...Read More...
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U.S Economy to take a Plunge on another Recession?
There are now drafts being made on the G20 Toronto communiqué which aims to lower the deficits, hoping that a back-to-back recession would not happen.... ...Read More...
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United States will Experience Slower Financial Recovery this Time
People in United States may afford to buy enough meals and new clothes this year. However, the Anderson School of Management in UCLA said that many Americans may not have enough money to spend on big expenses such as new house or new car. From the same report, it was also mentioned that the recovery from the financial crunch will also be slower compared to the last recessions that the country experienced before.... ...Read More...
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Recession-Proof Your Life to Survive the Economic Crisis
Every country experiences an economic recession. It is because this is a part of the economy flow. Right now, everybody is talking about it. Try to watch the news and there was never a day when you won’t hear something about the recession. For most people, the recession is scary and it affects all of us.... ...Read More...
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How to Recess Your Expenses during the Crisis?
Every person can recess his expenses for 10-20% without any special damage for his “comfort zone”.... ...Read More...
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Acting in the Period of Overall Recession
Crisis is a normal thing in the life of people. There is hardly one of us who can’t remember some situation that has thrown him from the measured and stable current of life into an uneasy and anxious situation. Anyway, critical circumstances require to revise the past positions and to develop a strategy in order to reach new goals.... ...Read More...
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What to Become to Avoid Recession?
The situation at the financial market is still unstable. During the crisis period millions of people have been recessed and some professions have become not required at all. We’ve tried to rate 10 of the most required and 10 of the least required professions.... ...Read More...
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Business Consulters, Foreign Investments and Recession
Sometimes companies want to draw foreign investments for their activity. How to reduce risks and feel safer? What do business consulters advise in such cases?... ...Read More...
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What is the difference between Recession and Depression
Economists do remember an old joke that says: A recession is when your neighbor loses his job. And a depression is when you lose your job. What is the difference between the two terms: recession and depression? The distinction between them is not understood very well because there is no clear definition of both the terms and there is no universal agreement upon the scientists. Make a simple research: ask one hundred various economists to make a distinction between the terms depression and recession, you would get at least one hundred different answers. In our article we will try to recapitulate the terms and expound how they differentiate in such a way that almost all scientists would agree with.... ...Read More...
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Mental Traumas and Job Recession
In the present economic instability the cases of recession are not a surprise for anyone. Very often these traumatic situations can cause a shock and having hard time, when negative experience does not let to solve everyday actual problem with proper sobriety. But psychologists studied this problem long ago and if we are aware of what is happening we can get over the trauma easier.... ...Read More...
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