Global Economic Crisis

Comedian Kassem G interviews Californians about the recession. Follow Me on TWITTER! http://twitter.com/kassemg Add me on Facebook! http://www.facebook.com/Kas… Add me on Myspace! http://www.m…

There Is No Simple Recession Definition If you don’t know a lot about how the economy works, it may seem strange that all the experts disagree as to whether we are currently in a recession, or not. When you look at the recession definition, however, you will see that it is not as black-and-white as [...]

Stewie asks, What Recession? This cool Family Guy t-shirt features a large front print of Stewie Griffin dressed in an urban style, along with the question: What Recession? Print features gold “bling” details. Urban style tee is longer and sized bigger than a classic tee, for a loose, comfortable fit. Officially licensed. 100% cotton. [...]

Let’s be honest: the financial outlook for the coming year isn’t great. But your business will be OK – as long as you act now. It doesn’t matter if economists’ metrics indicate that technically the economy is not in recession. Whatever they say it’s going to feel like one and in the words of [...]

Formed during late 2004 and calling Nebraska home, THE RECESSION set out with a strong musical vision in mind. Combining both mathy and chaotic elements into their aggressive sound, the band forges new ground while still recalling a mid-’90s aesthetic. Their debut full length, “Time, Arithmetic & Other Elementary Subjects Not Well Learned,” captures [...]

It’s been a lot of time we hear of “Recession” going on in US market. Everyone is talking about recession. We cling to newspapers, television news channels, and financial reports only to discover “what next” in recession. Technically, recession means decline in GDP or Gross Domestic Product of a country for two consecutive quarters. Now, [...]

Airdate: 12/20/09 There are pockets of severe unemployment all over the country, and one of them is in Wilmington, Ohio, where the closing of the DHL overnight delivery service last year cost the region 10,000 jobs. Now there is harsh unemployment, dozens of home foreclosures, long lines at food pantries and soup kitchens, a [...]

Why are there so many foreclosures? Why would banks, the pillars of fiscal responsibility and risk aversion, lend money to people who couldn’t afford to repay their loans? How did Wall Street manage to hide the risk and sell the subprime mortgages? How did the subprime mortgage business unravel and evolve into a worldwide [...]

Review “Knoop admirably achieves his stated objective of producing a teaching text. The result is simultaneously an informative, readable, balanced, and worthwhile work that will be an appealing primary or ancillary text for advanced macro classes or seminars. Highly recommended. Informed general readers; upper-division undergraduates through professionals.”–Choice;>“[K]noop’s discussion of the problems of macroeconomic forecasting, [...]

Review Krugman’s facility with both arcane details and vast unified explanations boils down complexity so much that the reader often wonders: Why didn’t I see it that way myself? (Boston Globe )The most celebrated economist of his generation. (The Economist ) –This text refers to the Paperback edition. Book Description Winner of the Nobel [...]