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Depression

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  • The Great Recession Comparison 

    Comparing the recession within the Great Depression back in 1937 & 1938 with the current U.S.economy and how to avoid making the same mistakes, with James Stewart, The New York Times columnist.

  • Starved Budgets Inspire New Look at Web Gambling
    Dice on American flag fan

    While the federal government cracks down on Internet gambling, some states and districts are turning to it as a way to fill gaping budget holes.

  • An Aftershock With Precedent

    Like earthquakes, financial crises are often accompanied by aftershocks, like the one this past week. They may feel scary but research shows they can set the stage for a sustainable recovery—and stock market gains.

  • Foreigners Follow Money to Booming Brazil, Land of $35 Martini
    Brazil

    As America struggles, some are moving to fast-growing Brazil. "If the rest of the world is cratering, this is a good place to be," one American banker who recently moved here, said.

  • What Is a Recession: CNBC Explains

    The  U.S. economy has suffered through many recessions in its history. But just what is a recession and how do they come about?  Here are the details in this CNBC explains.

  • Great Depression on Horizon? 

    John Lonski, Moody's Capital Markets, discusses whether we're headed for a Great Depression.

  • Italy Next to Seek EU Bailout: Wealth Manager
    Piazza Venezia, Rome, Italy

    Italy is next in line to seek a bailout from the European Union and the International Monetary Fund as a 'slow-motion banking crisis' unfolds in the country, Felix Zulauf, President of Zulauf Asset Management said.

  • The Worst Hyperinflation Situations of All Time
    Imagine that during the time it took to drink a cup of coffee, the price of that cup of coffee doubled. Although extreme, this becomes the reality of hyperinflation, where prices change so rapidly that everyday items rise exponentially and money becomes worthless, virtually overnight or even in the course of a working day. Today, inflation has become a major topic of debate in the United States, and although many are concerned about the effects of a devalued dollar on the economy, history shows

    What were some of the worst inflation situations in history and how did they come to be? Click to find out!

  • Bernanke Is Wrong on Quantitative Easing: Author

    Federal Reserve Chairman Ben Bernanke's approach to stopping the financial crisis by printing money is wrong, as the private sector is still unable to pay its debts, Richard Duncan, the author of 'The Dollar Crisis: Causes, Consequences, Cures' wrote Friday.