Are You Afraid Of A Recession? Lehman brothers The definition of a recession
Tony Blair: ‘The West is asleep on the issue of Islamist extremism’ (telegraph.co.uk)
Tony Blair admits Labour didn’t fully understand complex financial sector(guardian.co.uk)
Stop aping Blair and learn modernising from Mrs Thatcher’s traditional style, Lord Lawson tells PM (dailymail.co.uk)
Lord Lawson’s advice to Osborne: give up the strategy and focus on your job(guardian.co.uk)
George Osborne must concentrate on the economy, says Lord Lawson(telegraph.co.uk)
As a result of the slow down, more people will be put out of work and if you happen to be one of the unlucky ones, you should take this time to assess who you are and then shift to another career. Some may take the opportunity to go to graduate school because it is not enough these days to just have a graduate degree.
If you still have a job but need more money to put on the table, consider getting a second job.
You can also try scrounging around for cash by selling some old stuff or by trading in your car if what you have at home is an SUV because this vehicle consumes more gas than compact cars.
But a recession is not always bad. There is a silver lining that some of us fail to notice and you can take advantage of it.
For instance, whenever the country is in recession, the federal government announces a cut in interest rates allowing you to borrow money at a lower interest rate. You also get tax rebate from theIRS.
This is the best time to buy stocks, bonds and property if you have excess cash lying around. If you choose to go on a shopping spree, make sure that these investments will pay off in the long term so you may double or even triple what you initially shelled out.
Another benefit is that you may also get an increase in your retirement account limits.
David Cameron is not his own man – he is trying to be Tony Blair II. Since Tony was a failure, Cameron is on the path to oblivion.stirringtroubleinternationally.com
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Recession study 2 (Photo credit: Photogrammaton)
Tony Blair: ‘The West is asleep on the issue of Islamist extremism’ (telegraph.co.uk)
Tony Blair admits Labour didn’t fully understand complex financial sector(guardian.co.uk)
Stop aping Blair and learn modernising from Mrs Thatcher’s traditional style, Lord Lawson tells PM (dailymail.co.uk)
Lord Lawson’s advice to Osborne: give up the strategy and focus on your job(guardian.co.uk)
George Osborne must concentrate on the economy, says Lord Lawson(telegraph.co.uk)
