The Economy

U.S. stocks stumbled today, with the Dow industrials sliding nearly 680 points, as economic reports from around the world compounded anxiety about a global recession.
Economists are saying that the U.S. economy began a recession a year ago. "The economy reached a peak of activity in December 2007 and has been declining since," according to the business cycle dating committee of the National Bureau of Economic Research (NBER).
http://www.marketwatch.com/news/story/recession-began-year-ago-economists/story.aspx?guid=%7BFDD60E1C%2DDD65%2D49AB%2D8421%2D507B79C14220%7D
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After grasping this information I wonder how many people will still go out there shopping, just living for today. Many of the expenses we make, majority of the time, isn't necessary. We need to analyze our capabilities in things that are necessary. - A home-cooked meal, less buying clothing for the club and more family time, don't be fooled by the black fridays, cyber mondays, etc., for there are sales going on all the time. But before buying ask yourself if it is needed. Yes we hear this all the time, but it's about time people start acting that way. I'm sure homes are filled with stuff that people are already thinking to return before/after the season. Instead of being in such a position be smarter with your monies. Don't allow yourself to be caught in the depth of any kind of recession.