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 the rest...

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 the rest...

Recovering from Job Loss During Recession

Do you remember Forrest Gump’s words? “…it happens”. Many unpleasant situations do happen in our everyday life. What do psychologists advise if you wake up unemployed and don’t know what will happen tomorrow?... read the rest...

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 the rest...

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 the rest...

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 the rest...

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 the rest...

US Treasury Secretary says that the Economy is still Struggling

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 the rest...

The Worst Recession has Finally Come to an End – Bankers

If you are still feeling that financial crunch, don’t worry. A lot of bank economists are now saying that the worst global recession is already over.... read the rest...

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 the rest...

U.S. Miles Driven Declines Sharply

U.S. Miles Driven Declines Sharply... read the rest...

Annual Existing Home Inventory & Sales

This graph shows annual existing home sales (since 1969) and year end inventory (since 1982). This shows sales are the lowest level since 1997, and inventory is just below the year end record set in 2007.... read the rest...