Archive for September, 2009

Is the recession good for poor people who still have jobs, but bad for others who have lost their jobs?

Tuesday, September 29th, 2009
recession
Instantpainrelief2008 asked:


During a recession, gas price goes down because people drive less. The cost of consumer goods also goes down because the cost of transportating those goods is less, and because people spend less money and buy less. This makes consumer goods more affordable for poor people who still have jobs. Agree or disagree?

Valerie
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Whats the difference between (ecomonic) Depression and Recession. Seeking basic easy to understand definition?

Monday, September 28th, 2009
recession
onelight asked:


.

Looking it up on-line it stated that if the financial events go on for three or more quarters, etc. Yet, I still found it challenging to comprehend the difference between economic recession and depression. Sights I read sounded like “government” language.

Seeking more “regular citizen” language for comprehension. Any added examples for easier understanding is appreciated. Thanks.
.
.
When it shows to be “obvious” to citizens that environment of recession, or depression, is going on, why is it stated by the president at the time that the country is not in a recession, or depression ? Just to calm the citizens ?
.

Florence

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What is the cause of the predicted American recession?

Friday, September 25th, 2009
recession
myname_isalbert asked:


I’ve just picked up this week’s issue of the economist. Anyway, it’s clear that America’s economy is going downwards. Whether it will turn into a recession or not will be another debate. However, my question is what is the cause of this? For example, I know house prices are going down and car sales are going down. Why? Where did this originate from. Thanks.

Carolyn
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Don’t Wait To Get a Living Trust

Wednesday, September 16th, 2009

One of the more foolish things you can do is avoid financial planning.  Everyone must do it, especially those with a high net worth.  For these people, planning for those you leave behind is a tremendous gift, and you will leave a legacy that will last a long time.  There is no better way to do this than getting a living trust.  This is a great way to secure your hard-earned money and more importantly, organize it for your loved ones.  To forego getting a will and a living trust can be a very lazy and selfish thing to do.  Don’t leave your family members out in the cold, get one today.

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Posted in Finance | No Comments »

I need to make some money during the recession. Would opening a church be a good way to get revenue?

Monday, September 14th, 2009
recession
Richard M asked:


We all know that the christianity scam is a good earner. I reckon with the upcoming recession the gullible will be more susceptible to religious mania. There are gaps in the market. What do you think?

Terri
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Regarding Junk Silver Coins

Thursday, September 10th, 2009

It’s time to get serious about Junk Silver Coins.
The name doesn’t sound very attractive, but it turns out circulated silver is a great investment.
Everything I’ve read online about silver clad Kennedy half dollars sounds good. I think these coins are a good choice for me.
I need an effective hedge against inflation, and these coins look like a good choice for it.
Let me know what you think about all this.

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Posted in Finance :: Wealth-Building | No Comments »

What is a good small business to start during a recession?

Sunday, September 6th, 2009
recession
neanderthal asked:


Former Treasury Secretary Greenspan said today America is due for another recession and that it would likely start the end of this year, 2007. During a recession, what kind of small businesses stand the best chance of making a profit AND in some part due to the recession?

Sylvia
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