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(Dec.01.08) -

Recession: renaming the Dow index the Doom index  ---»


The official announcement of a Recession, backdated like stock options to a year ago, has finally arrived. In response, the American stock market fell nearly 9 percent in a single session, although European markets took an even bigger slide. The definition of a recession, from an academic panel of seven, is: “A recession begins when […]

(Oct.10.08) -

How to Survive a Worldwide Financial Depression  ---»


Is the worldwide financial crisis a recession, or a depression? Skip to: »Financial Survival Reading List, »Worldwide Depression Panic Effects, »Where to put my Money?, »Worldwide Financial Crisis Survival Techniques, »Comments The difference between a recession, depression, and global financial crisis lies mostly in the scope of the localized effect. (update: some interesting fi-cri data […]

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