The Great Recession lasted from December 2007 through June 2009 and was the longest economic downturn since World War II. And now, a decade out from that recession, there is talk and worry that another one is coming.
More than half of U.S. CFOs (53%) believe the country will be in a recession by the end of the third quarter next year, a new survey from Duke University showed. And the number of Google searchesfor the word "recession" even spiked at the end of July.
The resulting anxiety has people looking for advice on how to prepare and what to expect.
One Twitter user asked billionaire tech entrepreneur and star of ABC's "Shark Tank," Mark Cuban, for advice: "Hey Mark! I have a question I think many people would like to hear you answer. With all the talks of a Recession coming, what do you think will help someone going through it for the first time? For example 'Millennials.'"
In response, Cuban tweeted a prescription. Here are Cuban's seven pieces of advice to prepare for an economic downturn.