Latest Economic disasters Stories

2014-02-06 16:23:22

Since the Great Recession beginning in 2007, the US economy has experienced a recovery. The nature of that recovery is dependent upon which set of data is referred to, the jobless rate or the real GDP. SEATTLE, Feb. 6, 2014 /PRNewswire-iReach/ -- There are several different methodologies through which the current state of the US economy is measured. Two of the simplest and most frequently used measures indicate a very different state of affairs, resulting in a somewhat muddled vision...

2012-06-10 23:01:16

Before the recession, the drastic increase in US debt stimulated Debt Collection Agencies industry growth from 2003 to 2007. During this period, revenue rose as consumers funded spending through credit cards, mortgage financing and home equity loans. But after a rising tide of debt swamped the economy, collectability rates fell, canceling out the spike in debt-collection opportunities and hurting revenue. The economy is set to recover over the next five years, though, with improving debt...

2012-05-02 20:10:47

New research shows that 40 percent of older Americans postponed retirement in the wake of the Great Recession. The research, presented at the annual meeting of the Population Association of America, is the first to link actual data on household wealth just before and after the downturn to the retirement plans of a nationally representative sample of Americans age 50 and older. “The typical household lost about 5 percent of its total wealth between the summers of 2008 and...

2012-03-07 11:28:57

Research: Trends in cause-specific mortality across occupations among working-age Japanese men during the period of economic stagnation, 1980-2005 Death rates of Japanese men in managerial or professional positions have risen dramatically in 30 years compared to other professions, claims a study published today on bmj.com. The cause of this increase is thought to be due to Japan's economic stagnation and the authors warn that the health of developed nations may suffer due to risks...

2010-12-22 00:01:32

In 2010, they launched the wickedly funny & satirical web site http://www.RecessionWreaths.com. Now they're back with a hilarious sequel http://www.RecessionGiftBaskets.com. How One Business is Learning How to Laugh Its Way Through This Awful Recession. Saranac Lake, New York (Vocus/PRWEB) December 21, 2010 Almost one year ago, today, RecessionWreaths.com was launched in the Adirondack mountains of Upstate New York by a group of very funny (but disgruntled) real estate agents looking...

Word of the Day
  • To think; to imagine; to fancy.
  • To be of opinion; have the notion; think; imagine; suppose.
The word 'ween' comes from Middle English wene, from Old English wēn, wēna ("hope, weening, expectation"), from Proto-Germanic *wēniz, *wēnōn (“hope, expectation”), from Proto-Indo-European *wen- (“to strive, love, want, reach, win”).