How to Beat Recession

In economics, the term recession generally describes the reduction of a country's gross domestic product (GDP) for at least two quarters. The usual dictionary definition is "a period of reduced economic activity", a business cycle contraction. [Wikipedia]

You read about economic recession and job losses everyday. Even the self-employed are affected in a number of ways.

Associated Press says, "Economic data expected to show more weakness"

The decline in GDP could plunge to 6%, the sharpest decline after 1982.

"It will get a lot worse before it gets better," said Nariman Behravesh, chief economist at IHS Global Insight, a Lexington, Mass., forecasting firm. "We are in the midst of the worst recession in the postwar period, even factoring in a massive stimulus program."

Click here to learn how to beat recession and move forward in life.