recession

Will we have a global recession? Several local recessions? Thought it was worth a thread. Wikipedia while I'm here: "In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in...

I know everyone is still focused on the human tragedy unfolding now in Japan, which is understandable, but this morning I had a chilling thought: Japan is the third-largest economy on the planet, and they got really slammed by that earthquake & tsunami, with a lot of their infrastructure damaged...

Julian Assange revealed in a Forbes interview that early next year, Wikileaks will drop a trove of documents that could take down "one or two banks." It's speculated that these documents are the 5GB of data from Bank of America, that's been copied from one of the executive's hard drives. What...