Tags: bargains, recession, shopping
What to Buy During the Recession: Good bargains during these times.
Tags: currency, economy, money, recession
More Communities Ink Their Own Currencies:”A small but growing number of cash-strapped communities are printing their own money.”
Tags: automakers, cars, Europe, recession
Even Porsche Has to Cut Employee Hours: “The number of cars sold fell 27% to 34,000 in the six-month period. Porsche said it would reduce hours as a result…“
Tags: food, food safety, recession
Recession Produces Counterfeit Food: Experts say dangerous U.S.-produced foods are comparatively few, but producers have been known to practice “economic adulteration” — adding a little to their bottom line by padding, thinning or substituting something cheap for something expensive.
Tags: economy, money, recession, UK
Bank of England Set to Run Printing Presses: “The Bank of England’s Governor paved the way last night to unleash the weapon of “printing money” in a last-ditch drive to combat the rapidly deepening recession.”
This is not a good sign at all, since hyperinflation could occur once the extra bills are dumped into circulation.
Tags: Asia, economy, recession, Singapore
Singapore Proposes Stimulus Package: “The resilience package will avert a sharper downturn in Singapore but won’t get it out of recession…”
Tags: bankruptcy, economy, recession, retail
A Quarter of Retail Stores Gone: “Analysts estimate that from about 10% to 26% of all retailers are in financial distress and in danger of filing for Chapter 11.”
Tags: economy, recession
Why the Obama Stimulus Plan Won’t Work: “This may seem harsh but the ultimate cure for a recession is recession. Economic booms “malinvest” labor and capital and recessions are necessary to “clean out” these malinvestments.”
Hmmm…. We’ll see if he is right. But meanwhile, many people suffer for it.
Tags: college, depression, economy, recession
Best College Degrees For a Depression: Think medical!
Tags: economy, recession, unemployment
You mean, they didn’t see this coming?
“…it is very clear that the underlying trend in claims is still rocketing, as companies throw in the towel and prepare for a long, deep recession…”
Tags: business, career, economy, recession
Doctors, engineers, attorneys, NASCAR engineers and other professionals detail how the recession has affected their business or career.