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- Can Americans Really Stop Spending?
- The "new frugality" sounds like a passing trend, but it looks like America is in for a real cultural shift. MoneyWatch.com editor-in-chief Eric Schurenberg explains the changes in store for us.
- Videos 2009-06-25
Additional Resources
- Is the Great Recession Really the Great Reset?
- Perhaps with the US officially out of recession, this is the perfect moment to consider what will be or should be the long-term legacy of the Great Recession. Recently, author Richard Florida, did just that, weighing in on the the way the crisis might radically reshape the American landscape. by...
- Blog posts 2009-10-30
- BlumbergExcelsior Announces Firm Start -- A Program to Help Attorneys Start a Law Firm in This "Great Recession"
- BlumbergExcelsior, Inc., a national legal services company, has launched Firm Start, a new service to help lawyers start law practices . In announcing the program, Bob Blumberg, President and CEO, said, "Unlike prior recessions, thousands of lawyers have lost their jobs in the last year and many...
- Research articles 2009-05-27
- Will Consumers Ever Revert to Pre-Recession Spending Levels?
- Ravi Nagarajan submits: The Great Depression of the 1930s changed consumer behavior for decades among those who experienced the downturn firsthand. Although the vast majority of consumers today have no direct recollection of the Great Depression, most everyone remembers relatives who were frugal into their old age even decades after...
- External links 2009-08-05
- After the Great Recession
- The recession will end eventually. And the economy, the workplace, and the markets will return to something we'll learn to call normal. But it won't be like any normal you've seen before.So, where do we go from here? The world's most powerful economy has...
- Articles 2009-06-22
- Will High-Yield Bonds Displace Bank Loans as the Post-Recession Financing of Choice?
- Steven Bavaria submits: Not so long ago – i.e., before the Great Recession – it had become almost commonplace in the leveraged finance market to regard high-yield bonds as somewhat passé, compared to leveraged loans. Ever since loans began to migrate off the books of the banks that made them,...
- External links 2009-09-21
- U.S. Recession Ends
- By Lucia MutikaniWASHINGTON (Reuters UK) - The U.S. economy grew in the third quarter for the first time in more than a year as government stimulus helped lift consumer spending and home building, fuelling an unexpectedly strong advance.Signalling the end of the worst recession in 70 years, the Commerce Department...
- News items 2009-10-29
- John Templeton's Plan for Surviving the Great Recession
- Marc Courtenay submits: Although only a distracted hermit didn't realize this, it is now official that the US economy is in a recession. Even credit card companies are getting cautious about how high our credit lines are and they anticipate a terrible default rate on credit card debt. So...
- External links 2008-12-02
- Gen Y Insists on Work/Life Balance Despite Recession
- BusinessWeek's First Jobs blog offers some thought-provoking research on one marked trait of the youngest workers taken from a survey of 60,000 undergraduates: Great Recession or no, they're still insisting on work/life balance. by Jessica Stillman
- Blog posts 2009-09-08
- Dancing Bulls and the Great Recession
- Alex Filonov submits: Cramer joined the troops! For several weeks he blasted dancing bulls, preached capital preservation and was as bearish as Jim can ever be. Now he has converted. It's not the road to Damascus road, but pretty close.What happened? Did we get great new economic reports? Nah,...
- External links 2008-12-07
- Recession is Only the Beginning | BTalk Australia
- (18min 54) Professor Steve Keen says the Aussie economy has a long way to fall yet. The current situation is the work of neoclassical economists who didn’t understand the importance of controlling debt, which is now over $2 trillion. He points to the RBA, whose decision not to lower interest...
- Blog posts 2009-03-09
- Whose Recession Strategy Is the Smartest? | BNET Poll
- Whose Recession Strategy Is the Smartest? | BNET PollRE: Whose Recession Strategy Is the Smartest? | BNET PollAs always in life the right answer is the one that fits your business the best. I make my plans on the facts and conditions that surround my business, not herd think.RE: Whose...
- Discussion threads 2008-10-23
- The New Job Market: Who Wins and Who Loses?
- Recession, government spending, and demographics are transforming the workforce right before your eyes. To protect your career, make sure you're on the right side of history. If history is any guide, unemployment will continue to rise after the recession bottoms out, according to Steve Hipple, an economist with the...
- Articles 2009-06-24
- What's Next: 4 Big Predictions for the U.S. Economy
- The global landscape has changed for good. Here are our biggest predictions for after the shakeout — plus suggestions for what you should do about them. ...
- Articles 2009-06-22
- Wal-Mart Focuses on Retaining Customers Beyond Recession
- Wal-Mart CEO Mike Duke is looking beyond the recession, placing emphasis in the company’s first quarter conference call on its ability to retain high-income customers won during the recession. Not that he’s predicting a rapid economic rebound. Rather, he noted that business improvements Wal-Mart has made and...
- Blog posts 2009-05-14
- Retail Needs A Longer Recession
- “The silver lining of a recession is that it clears out the weaker competitors of the high street.†That’s what the finance director of a well-known clothing retailer told me at the end of 2008. He planned to make sure his business is a survivor --and pick up his rivals'...
- Blog posts 2009-08-11
- Take Advantage of Recession
- An economic downturn is a great time to go after competitors, who likely will be retrenching rather than advancing. But you need two things before loading up. First, your financials must be in order, including a healthy balance sheet, cash, and little debt. Second, pick the right...
- Blog posts 2008-04-14
- Can Americans Stop Spending?
- Get over that image of Americans as debt-ridden consumption addicts. The Great Recession will teach us to find better things to do with the time and money we have left — at least for now. Right now, as we lick our financial and career wounds and poke our 401k...
- Articles 2009-06-25
- Q&A: A&P Chairman Haub Backs Better Food's Advantages in Recession, Pt. 1
- Not long before the recession’s start, A&P launched a strategy of significantly enhancing the quality of the food in its supermarkets, particularly in departments where it believed it could establish a competitive advantage, and, despite the recession, it isn’t backing off its better edibles stance. A&P is...
- Blog posts 2009-06-23
- Recession to leave permanent scars
- On a blustery November morning at an airfield outside London, an enormous second-hand car auction is buzzing. Demand is so great that average prices have risen 27 per cent over the past year. "The turnround started in January and we haven't looked back since," says Tim Naylor of British...
- News items 2009-11-23
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