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How to Survive a Deep Economic Recession
How to Prosper During a 'Great Depression'
What to do to protect your finances from deep economic recession.

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What Is The Best Way to Survive
the Coming Deep Recession

Whether you call it a deep recession or a depression, the times we are living through are tough on just about everyone. Here are some ideas to help you cope with them.

Suze Orman's Guide to Tough Financial Times "The financial guru dishes advice on how to survive the economic turndown..." Aired on 20/20 on November 17, 2008

 

Websites and Blogs Dealing with Coming Depression

RogueGovernment.com Exposing Government Corruption and The New World Order

Indebted.com "... America is addicted to debt. Both the government and too many Americans spend money they don’t have. Passing on excessive debt from one generation to the next is simply immoral and unfair, and it will affect all of us in a number of ways...." Real time debt clock. Positive suggestions for affecting change at the personal level... including budget, think before you spend, avoid signing up for more credit cards than you need, and start to save.

Jon Taplin's Blog

Eschaton Blog

Live Leak Live Up to the minute news about what's happening in the world in general... See "CNN Money: Williams Admits Great Depression Coming"

Some Optimistic Voices Who Don't Believe We're Headed for a Depression

A Depression Coming? Not Likely. November 20, 2008. An optimistic article by Knight Kiplinger... with some not-so-optimistic responses from his readers.

See also these TheLivingWeb.net pages:

How to Avoid Foreclosure Some Information Which May Help You Avoid Foreclosure on Your Home While Preserving Your Credit and Letting Your Stay in Your House

How to Reduce Your Electricity Bill Simple steps you can take to reduce your home electricity consumption.

Save On Groceries  Shop ONLY weekly specials and stockpile.  Doing this can cut your grocery bill in half.

Best Printable Grocery Coupon Deals $1, $2, $3 and more coupons. Many natural and organic food offers.

Save Money on Dog Food, Cat Food, and Pet Supplies with Free Printable Coupons. $1, $2, $3, $4 and $5 coupons, plus free offers.

News Articles on the Coming Depression

Seeking Alpha Article "Our Coming Depression

How to Survive the Coming Depression June 25 article in OpEdNews

Ron Paul on the Coming Depression September 23, 2008 in The Distributed Republic

The Great Depression is Coming

A Sea of Unwanted Imports NY Times Nov 18, 2008 "... Unwelcome by dealers and buyers, thousands of cars worth tens of millions of dollars are being warehoused on increasingly crowded port property. And for the first time, Mercedes-Benz, Toyota, and Nissan have each asked to lease space from the port for these orphan vehicles. They are turning dozens of acres of the nation’s second-largest container port into a parking lot, creating a vivid picture of a paralyzed auto business and an economy in peril..."

Charles Hugh Smith: "How Long Will the Coming Depression Last" Oct 24, 2008 "... I've seen estimates of 2-10 years, after which the government monetizes all the debt thereby cutting the value of the dollar in half. ...let's cover a few points which suggest the Coming Depression will exceed all expectations for depth and length:

1. government data (inflation, unemployment, etc.) is misleading/bogus so it makes a poor data set to work from
2. the debt load for consumers, government and private-sector/corporate is unprecedented, much higher than '74-81 or even the Great Depression. (see chart in the entry on bonds)
3. the U.S. no longer has unlimited cheap oil
4. the expectations of the U.S. citizenry ("I was promised", "I deserve this", etc.) have risen to astounding heights, lifting denial and entitlement to levels so far beyond the reality of what is sustainable that a psychological "crash" is inevitable...."

CLICK HERE for the rest of the story... including "...Just off the top of your head: what do we have little need for more of? How about furniture, mattresses, light fixtures and loans, just to name a few? How about what we could easily do without? How about exotic foreign travel, shopping excursions to N.Y., L.A. or S.F., ice cream, frappacinos, "fine dining" of the sort where main courses for $35 are considered "reasonable," hundreds of specialty wineries producing $40-$50 bottles of wine, artsy programs paid for by tax dollars, non-profits doing nice things with donations, gew-gaws for pets, spa treatments, lawsuits with unknown odds of success involving plaintiffs with no money, cosmetic surgery, "financial services," having your nails done, costly haircuts (cut your kids' hair yourself), house cleaning services, dog walkers, travel consultants, kitchen remodels, Mercedes vehicles, or indeed, any new vehicles, now that any decent vehicle lasts 10 years with minimal maintenance, 6-foot long BBQs, "entertainment centers," more iPods, kids' toys, or clothing of any sort or type or style, given that you can buy heaps of clothing for a few dollars at garage sales or thrift stores? This is a tiny selection of literally thousands of goods and services we can easily do without, and indeed, did do without a mere generation ago, when now-commonplace luxuries like $100 per person dinners and hip surgeries for pets would have been reserved for flamboyant millionaires...."

Surviving the Coming Economic Depression October 17, 2008 "... The World is careening through the worst economic crisis since the Great Depression of the 1930's. Yet, only now, do a majority of economists and investment fund managers believe we are in a recession. Unfortunately, the reality is a lot worse than you think. ShadowStats.com specializes in analyzing U.S. government data. They report data based on the older and more objective measures, before the government hired the same financial wizards who messed up our banks with their fancy accounting. They report that U.S. economic growth as measured by Gross Domestic Product has been falling since the 3rd quarter of 2004. That's 17 consecutive quarters of economic contraction!..." Read the rest of the story for some concrete suggestions on what to do to survive.

What's Happening With the Gold Market

Fox Business on Why Price of Gold is Down But None is Available

Gold Demand Up 56% November 20, 2008

 
 

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