Recession! A survival guide…
The National Bureau of Economic Research has announced that we’ve been in a recession since December 2007–a year now! While you’ve no doubt heard it’s been coming, now it’s time to prepare for what it really means. Here’s a few starting points that can help you survive (and maybe even thrive) in a recession:
Since talk has shifted from ‘heading into’ to ‘knee deep in’ a recession, the Wallet has some tips for what to expect in a recession.- If you’re heading for college soon (or have kids who are) and are worried about paying for it, learn how to save a boatload on college.
- If you’re running your own business and growing concerned, you may want to read this First-time CEO’s recession survival guide. This particular CEO is in the real estate industry, which has been hit hardest so far.
- What about Christmas shopping in a recession? Sadly this year it already cost a Wal-Mart employee his life, maybe it’s time to re-think the real meaning of the holidays…
That should keep you busy a while. How has the recession affected you? Are you worried about it? Leave a comment!
December 1st, 2008 at 3:39 pm
What recession Xmas shopping means to me: buying cheap funky stuff at Etsy
December 1st, 2008 at 5:12 pm
I think that during the recession time its important to have better customer service then the competitor. I made an article about how to improve customer service http://www.adviso.ca/blog/2008/11/28/is-your-ecommerce-website-customer-services-friendly/
December 1st, 2008 at 10:20 pm
According to Keynes, the root cause of an economic downturns is an insufficient aggregate demand. When the total demand for goods and services declines, businesses throughout the economy see their sales fall off. Lower sales induce firms to cut back production and to lay off workers. Rising unemployment and declining profits further depress demand, leading to a feedback loop with a very unhappy ending.
90% of the time you can make statistics show whatever you want 50% of time
http://nomedals.blogspot.com
December 2nd, 2008 at 8:58 pm
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