Archive for recession
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BBC News Coverage of U.S. Recession and Downturns
A look at the current causes of economic recession in the USA from a UK persepective.
Banks are worried about lending. Ben Bernanke the Chairman of the Federal considers a stimulus package to re-invigorate the economy.
BBC News Coverage of The US Economic Recession
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How America Suffered in The Recession Of the 1930’s
Unemployment, hunger and food shortages affected millions during the Great Depression
Between the autumn of 1931 and the following spring, the casualty lists of the Great Depression grew like those of the First World War. More that 10 million people were unemployed but only a quarter of them were receiving any relief from the government or [...]
The New Deal: Ending The Great Depression
Roosevelt’s Plan To Rebuild America
The key to challenging the Great Depression in the United States was restoring confidence. When he accepted the Democratic presidential nomination, Franklin D. Roosevelt declared,
“I pledge you, I pledge myself, to a New Deal for the American people”
The phrase New Deal caught on and came to symbolize the sweeping legislation that [...]
The Best Stocks And Shares In a Recession
What Are The Best Stocks And Shares In a Recession
The health of the stock market is one of the biggest indicators of an impending economic recession. Many view investments in stocks and shares during a recession to be nothing other than pure madness. However, for wise investors, a contraction in the economy can be the [...]
Bush: Tough times ahead , but no recession.
Bush: Tough times ahead , but no recession.
The President once again denied that America is facing an economic recession. In an interview with Susie Gharib of PBS Nightly Business Report he admitted:”We’re in a tough patch, having a tough time, it’s bad - times are rough…” were some of the words used by Bush although [...]
A Bleak America After The Crash Of 1929
The Harsh Recession After The Crash Of 1929
When the stock market collapsed other disasters soon followed but it was not just investors who were affected. The consequences were devasting.
Prices rapidly fell, trade withered, goods were stacked up unsold, factories closed, wages were cut and millions of people lost their jobs. As the Depression hit harder, [...]
2008 Recession Is Unstoppable!
A recession in the US appears unavoidable
From the International Herald Tribune
If history is a reliable guide, the recession of 2008 is now unavoidable.The dismal jobs report released last Friday showed total employment to be lower than it was three months ago. Each time such a slump has occurred since the early 1970s, a recession [...]
How To Profit From The Sub-Prime Market Meltdown
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How Can You Profit From The Sub-Prime Credit Crunch?
The effects of the sub-prime mortgage crisis in the USA have been devastating for many. As we likely move into a recession, hundreds of thousands of average homeowners in the US can barely afford afford to pay their mortgage. Foreclosures are at record highs! Would you [...]
How To Pick Stocks In A Recession
However bleak the current US economic situation in 2008 is, there is alway an opportunity to make a profit. This is particularly true of stock market investments . However, it takes just the right approach. Even if we’re headed for a recession, stock-pickers are able to succeed. Original Article
Black Monday
Black Monday - The Sharpest Fall
On October 19th 1987, The Dow Jones Index fell from 2246.73 to 1738.41. This was the largest ever recorded drop, almost double that of the 1929 crash . $900 billion in equity simply evaporated as stock markets around the world reacted.