In 2009, the economy was near collapse before pulling back from the brink of depression. Unemployment topped 10 percent, but layoffs eased. General Motors and Chrysler toppled into bankruptcy and emerged smaller and leaner. The Dow Jones industrial average swooned to a 12-year low, then came part of the way back.
It was a year of payback for having lived beyond our means — from Wall Street bankers who devoured risk they couldn’t manage to ordinary Americans living in homes they couldn’t afford with mortgages they didn’t understand.
It was a year of finger-pointing over blame for the worst recession since the Great Depression. Americans pondered how long it would take to mend shattered nest eggs, livelihoods, government balance sheets and economic confidence.
It was a year that gave birth to buzzwords — “new frugality,” “new normal” and “green shoots” — that captured the fragility of America’s recovery.
The economy’s wild ride was voted the top business story of the year by U.S. newspaper editors surveyed by The Associated Press. The collapse of the U.S. auto industry came in second, followed by skyrocketing home foreclosures. Hard money training.
Tags: depression, economy’s wild, general motors, great depression, top business, unemployment
Wikia…
Wika linked to this website…
Discount Yankee Candles…
[...]while the sites we link to below are completely unrelated to ours, we think they are worth a read, so have a look[...]…
Dreary Day…
It was a dreary day here yesterday, so I just took to piddeling around on the internet and found…
Yahoo results…
While browsing Yahoo I discovered this page in the results and I didn’t think it fit…
Tumblr article…
I saw someone writing about this on Tumblr and it linked to…
Digg…
While checking out DIGG today I found this…
Looking around…
I like to look around the internet, often I will go to Digg and read and check stuff out…
News info…
I was reading the news and I saw this really interesting information…
aaliis…
moncler mens vestpiece of clothing from a shop to another or on the net…
The best sites……
[...] Now whenever a person looks at the current fashion assertion, it is usually measurement zero [...]…
Windows 8…
[...]just below, are some totally unrelated sites to ours, however, they are definitely worth checking out[...]…
Informative and precise…
Its hard to find informative and accurate info but here I noted…
Found=> recommended your blog…
[...]The information mentioned inside the article are some of the beѕt аvaіlаblе [...]…
Looking around…
I like to look around the online world, regularly I will just go to Digg and follow thru…
Windows 8…
[...]the time to read or visit the content or sites we have linked to below the[...]…
Yahoo results…
While browsing Yahoo I found this page in the results and I didn’t think it fit…
2011…
I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post……
Visitor recommendations…
[...]one of our visitors recently recommended the following website[...]……
Looking around…
I like to browse in various places on the online world, often I will go to Stumble Upon and follow thru…
Superb link…
[...] Listed are some of the sites that we recommend for our visitors [...]…