I stumbled across this fascinating video yesterday, and wanted to share it with you. It would appear we have an issue, although the extent to which you feel that’s the case likely varies, depending upon your politics, beliefs and personal finances. If you’re using a reader, the video may not appear; here’s a direct link: […]
David Segal wrote in the New York Times on Saturday of how the recession (“our economy went kerflooey”) has skewered peoples’ notions of what’s possible for their futures. Now replacing Plan B (retiring to the south, a vacation home, early retirement, etc.) is “the new Plan B:” making best with what’s left, the “deal you […]
In November I posted a number of predictions for the 2009-2010 economy. Having listened during the last couple of weeks to several economists present their views on 2009 and some thoughts about 2010, I thought I’d revisit the subject. By and large I stand by the predictions offered in the earlier piece, but continue to […]
Courtesy of PC World (via MSN) here’s a good rundown on 9 sites to help you manage through the recession… CLICK HERE for the full article.
This article appeared on the Newsweek blog back in January of this year, well before the financial collapse – but its basic points are spot on. A Recession Handbook By Linda Stern Illustration: Michael Klein for Newsweek . Let Ben Bernanke worry about the world—you worry about your wallet. Some economists are predicting the first […]
(Forgive me for ending the week on this note, but as they say, “It is what it is.”) Regular readers know that I monitor a number of industry and economic indices and indicators each month, as well as subscribe to reports from several economists and industry analysts. A fairly clear consensus has emerged over the […]
All of the speakers at the 2008 World Business Forum mentioned or alluded to the financial sector mess, but only one offered a prediction for what will happen in the U.S. economy in the near term. Jack Welch’s exact words: “we are in for one hell of a deep downturn.“ Long a believer that the […]