My Recession Survival Guide

Faisal Islam from Channel 4 news recently interviewed Jim Rogers about the recession. Check it out at the link below.
Interview with Jim Rogers about the recession

One of my favourite blogs is Cynicus Economicus (Have look in the resources sections for other blogs I like to read). It’s a bit gloomy but once again someone who I’ve been following for a while and has been very good at explaining what will happen and why, while accepting and warning that he could [...]

Humans have been experiencing the same kinds of issues for thousands of years, but it is still interesting to see just how similar events in the past are to those of the present.
Here’s an article about the first recorded credit crunch during the last years of the Roman Republic and the dawning of the Roman [...]

I’ve stumbled upon a few more articles about recession proof jobs. Of course no job is 100% safe but some sectors might be more sustainable in the medium term than others.
Recession-Proof Jobs in 2008
Recession Proof Jobs
The Best Recession-Proof Jobs
Where the Recession-Proof Jobs Are

It seems that panic is setting in at the top and that the central bank is desperate for us to start buying houses and things we don’t need at inflated prices with money we don’t have.
Savings are being eroded away and people that have borrowed too much are being let off the hook, for now. [...]

So Alan Greenspan admits he’s made some mistakes over the past years. Greenspan - I was wrong about the economy. Sort of.
Congressman Henry Waxman “My question is simple. Were you wrong?”
Greenspan “Partially … I made a mistake in presuming that the self-interest of organisations, specifically banks, is such that they were best capable of protecting [...]

Here’s a video of a 2 hour conversation between Goerge Soros, Nouriel Roubini and Jeffrey Sachs which was hosted by the Earth Institute Event at Columbia University last week.
Earth Institute Event: Can we save the world economy?

Fred Harrison is another person with some foresight on the current situation. He is one of the people that was influenced by Henry George. He’s the author of the very gloomy ‘Boom Bust: House Prices, Banking and the Depression of 2010′
Here’s one of his articles from 2005: The Mystery Of Britain’s Missing Recession
Fred Harrison’s main [...]

When I was travelling in Australia I met an investment guru named Paul Anderson. We talked about travelling and he told me how when he was in his early 20’s he was in India. He wanted to know why some people were so wealthy while others had nothing and so began his study of economics. [...]