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Great Recession

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Infographic of the Day: Does Owning a House Make Any Sense?

It used to be an iron law of personal finance that owning a home was the surest way to build lasting wealth. Then along came the financial crisis and the Great Recession, and, if we learned nothing else, we saw that home prices ...READ»

Swapping Our Way to a New Life in the Conserver Economy

Saving more by buying less at Swap.com.READ»

How Green Entrepreneurs Pave the Path to Real Economic Recovery

In the aftermath of the Great Recession we could be in a single dip or a double, heading for deflation or hyper-inflation. But one thing seems clear - we're not getting out of this mess by shuffling money around. We need real ...READ»

Business Malady #1: The Waiting Game

There's a game called the Waiting Game that works like this: you sit on the sidelines, waiting for everyone else to go first. And then you skip a turn. Or a hundred turns. And before you know it, the game's over. Everyone else is ...READ»

The Rise of the Conserver Economy

More people are returning to the values of a conservative past where nothing went to waste and we spent within our means. I call this shift the "Conserver Economy", moving away from the consumer economy with its emphasis on spending and consumption. Their motivations are often about spending less money because they simply have less money to spend.READ»

3 Words I Wish Big Finance Would Learn

It has been shocking and bewildering to watch the behavior of some of the top banking CEOs in recent months, punctuated by the appearance of four of these executives before Congress last month. Some questions immediately pop into my mind. Do they follow the news? Have they no conscience? Do they not have public-relations people on retainer? The answer to all three is, apparently, no because it is clear that they are so far out of touch with reality that they are the equivalent of the Merry Pranksters of the 1960s tripping on acid.READ»

Getting in Hot Water with Bob Hallam and D1 Spas

Bob Hallam is in hot water, and he likes it that way.  Hallam founded Dimension One Spas 32 years ago and has grown it into a $60 million business that designs and produces luxury hot tubs sold throughout the United States and in ...READ»

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Herman Miller Posts Gruesome Q4 Earnings

Sales at the iconic furniture maker fell by a whopping 38% and profits were down 82%.READ»