Archive for Recession

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Recession Depression Becomes Real As Many Struggle For Financial Survival

Recession Depression Becomes Real As Many Struggle For Financial Survival
A new AP poll shows virtually half of all people recently surveyed are now concerned about losing their job. That’s nearly double since the same survey was done last year. The ailing economy is driving some people well beyond just worrying and into something far more [...]

How does a recession affect the average person?

Question by moira77: How does a recession affect the average person?
I keep seeing news about the fact that a recession may be coming. I am curious as to how this affects a normal person, not involved with the stock market etc. For instance, will prices go up for food, clothing, etc? Are there any ways [...]

What is the recession and how does it affect families?

Question by Caroline: What is the recession and how does it affect families?
I have to write an essay about the recession that america is in, right now, and how it affects families. There for, I need to know what a recession is. What is a recession? What is the difference between a recession and a [...]

recession???

Question by jettboy: recession???
I hear talk of a possible recession in Aus, but I was not around when the last one occurred. Can someone tell me what excactly ( I know that it has an impact on the eccomony ) but what sort of impact does it have on the individual or family?
Any info will [...]

If this recession is called “one step from the great depression” then why is Goldman Sach’s making huge profit?

Question by mbush40: If this recession is called “one step from the great depression” then why is Goldman Sach’s making huge profit?
Did anyone make billions in profit during the “Great Depression”?
Best answer:
Answer by scott bBecause Goldman Sachs is just ONE company. It’s not a while economy.
Add your own answer in the comments!

Recession?

Question by Justin: Recession?
Are we in a recession? If I remember correctly from my college economics class there is a precise definition to a recession. Something like multiple quarters without growth.
It seems to me this should be a simple answer. There was either growth for the required time or there was not. Why [...]

Four Reasons This Recession Will Not Become A Depression

Four Reasons This Recession Will Not Become A Depression
Fear is a great motivator for selling anything. Few groups know that better than mainstream media.
News organizations appear to be in a competition to outclass each other by way of the next terrible prediction and headline.
A news organization recently went as extreme to refer to the economy [...]

What recession is Obama talking about? He must be talking about how the oil prices are affecting our economics?

Question by KJ: What recession is Obama talking about? He must be talking about how the oil prices are affecting our economics?
http://www.latimes.com/business/la-fi-econ29-2008aug29,0,2463728.story?track=rss
Check out an economic history book and look at the oil crisis during the 70’s & Jimmy Carter!! OPEC is causing the economic slowdown??
Best answer:
Answer by SFC_OllieI’m not certain what is causing it [...]

Why do you go to theatrical events even though we’re in a recession?

Question by no.: Why do you go to theatrical events even though we’re in a recession?
I’m writing an article for a Journalism camp and I was wondering why so many people still attend theatre events in an economic meltdown. For example, this last season was Broadway’s most prosperous season in the history of Broadway! Why [...]

Is Hollywood affected by the recession?

Question by Gwynplaine: Is Hollywood affected by the recession?
I ask because to my amazement I watched a hollywood insider boast on the news channel that in all of america’s history’s economic downturns… Hollywood and the Television industry in America is the least affected sector in such cases.Hollywood will still keep doing buisness as usual [...]