How to survive the recession

[Rasputin]

By now it should be clear to all but the craziest of optimists that we are in a recession, at least in US. What is not clear, however, is the severity of this recession and if this will turn into a depression. A technical recession is defined as the economic decline in two or more consecutive quarters....

[Rasputin]

I doubt the US economy will plunge into a recession any time soon



As far as I am concerned, the so called stimulus package, proposed by the Bush administration, is nothing more than a too-little-too-late remedy. It may not have the intended effects envisioned by the administration....