Recession Briefing 3.27

What you need to know today to survive and thrive in the recession.

Federal Reserve officials yesterday hinted that they believe the recession is in its final stages –but warned that the beginning of the recovery will be no picnic. (Reuters)

Kurt Anderson looks at whether the recession could actually be good for America. “We surely will have to adjust the ways we think of ourselves. Still an exceptional country, absolutely, but not a magical one exempt from the laws of economic and geopolitical gravity.” (Time)

“Retrenchment is begetting retrenchment. Falling home prices, weak consumer spending, diminishing investment and a fresh reappraisal of risk are combining to bring more of each.”( New York Times)

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