Category Archives: recession

Morning Awful: European Double-Dip

Europe’s financial crisis isn’t staying in Europe; demand for American goods and services is declining. This is why I don’t understand people who root for Europe to fail: It’s affecting companies like Marlin Steel Wire Products, a 34-employee business based … Continue reading

Posted in European Union, Global Governance, globalization, Morning Awful, recession | Leave a comment

Bush Economic Legacy Gets Even Better

Hot on the tail of the news that the United States has actually been in a recession since December of 2007 comes the announcement that the country has actually been slumping since at least 2005. The housing bubble wasn’t just … Continue reading

Posted in depression, financial meltdown, housing bubble, housing crisis, recession, unemployment | Leave a comment