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Recession

What Will Happen To The Euro?

By on December 5th, 2011 • Bankruptcy, euro, Greece, Recession, Credit & Debt, Investing, Life

Over the past few months, apocalyptic talk of the "END OF THE EURO" has surfaced as weakest-link euro zone countries like Greece have teetered on the edge of default, threatening to bring down the rest of the euro zone with it.

Europe has some serious issues, but the following explains why a complete euro breakup is just about as likely as the National Enquirer correctly proclaiming Michael Jackson has risen from the dead.

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Recession Halts Spending? Not For Halloween

By on October 2nd, 2011 • Costumes, Halloween, Recession, Saving, Life

No American is a stranger to the recession. Jobs and businesses are dying, the economy is flat lining. It seems the dead are walking the earth even before All Hallow's Eve. Stranger than the nation's frightful economy, however, are its inhabitants bleeding their bank accounts for the upcoming holiday… Halloween.

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Dow Jones Is Down: We're Not Out Of The Woods Yet

By on August 8th, 2011 • Investing, Recession, stock market, Investing

Remember when you were a kid and you heard the neighborhood bullies were around the corner, so you dropped your lunch pail and ran the other direction to avoid trouble? Well, that happened recently in New York, in a manner of speaking.

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Today’s Lesson in Existentialism: The Recession Doesn’t Make Any Sense

By on December 13th, 2010 • Debt, Recession, Credit & Debt

*click, click, click*

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Receding Recession?

By on August 25th, 2010 • Recession, Life

"Rabbit season." "Duck season."

Classic, hilarious back and forth between Daffy Duck and Bugs Bunny.

"The recession is over." "Of course it's not."

Two (less hilarious) independent statements made by Director of the National Economic Council Larry Summers, and Outgoing Council of Economic Advisers Chairwoman Christina Romer. On the same day.

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Mario May Need To Pawn Off Yoshi

By on July 13th, 2010 • gamers, industry, Recession, Video games

It's a sad time in the world today, quite possibly the beginning of a new Depression.

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No More Recession?

By on December 14th, 2009 • Economy, Larry Summers, rate, Recession, unemployment, Life

The recession is over, but the unemployment rate is still 10%. These seemingly contradictory statements beg the question: how is a recession officially defined?

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A $700,000 Salary

The average Goldman Sachs employee will receive a $700,000 salary this year.  That's an average employee, not a top executive. In comparison, the average salary in the U.S. is $42,270, or $657,730 less.

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Inflation, Deflation: The basic information

By Jens Odegaard on May 1st, 2009 • Deflation, Economy, Recession, Investing

What inflation and deflation mean and how they affect you.

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