About the economy

Lyn-Z asked:


20,000 jobs in Britain have been lost last month. If Britain enters a recession someday, what are the possible effects it will have on the United States?

Ramon

The Man in Room V asked:


Nowadays, it is very clear that many people are losing homes, losing jobs and even losing their long lived liftstyle due to this outraged recession. What are some ways people can fight it and how can people get together and make sure it doesnt get worst?

Annie

Sgt. Pepper asked:


How would an economic recession affect sporting events ?

Weather its football , Basketball, or any other sport ?

Tanya

Deborah S asked:


I have a home that is rather large and would like to downsize. It is not the best time to sell. What does all this recession front mean in the grand scheme? Should I just wait for a few years until the market is once again strong?

Jacob

Deke asked:


There seems to be at least three prevalent trains of thought : we’re in a recession, we’re headed towards a recession, or that the worst is behind us.

I realize certain people such as Ben Bernanke have likely avoided using the term, for fear of how it would affect the market (as it did yesterday, when he spoke before Congress), but is there any true, tell-tale sign to know if we are in — or headed toward — a recession?

Dan

toucansam456 asked:


The last time the US was in a recession, as I remember as a young child was in the early 90’s under the first Bush. I don’t understand how exactly a recession affects the economy, and how it differs from a depression.

Gregory

Gimpy McCrippleton asked:


I’m thinking about getting into the paralegal career but I’ve heard that the job market is really bad right now due to the recession. But is the paralegal field actually doing worse than other fields?

Cynthia

iamtruman asked:


I think U.S in already in recession. With dollar shrinking by the day and fear that the whole world might go down with the U.S, what do you do? Commodity prices are all time high too.

Betty

Zardoz asked:


Will Republicans take responsibilty for the recession?
Bernanke says addition rate cuts may well be necessary, but he says the economy is ok. Is it part of his job to lie?

Lee