Recession Briefing: A Real Teeth-Grinder

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

In the wake of the recession more people are grinding and clenching their teeth, dentists say. A new survey by the Chicago Dental Society found that 65 percent of Chicago area dentists reported seeing an increase in jaw-clenching and teeth-grinding among patients in the past year. (Chicago Sun-Times)

“The ongoing Greek financial crisis is the same kind of crisis the United States might face a few years from now if we continue to make the same kinds of mistakes the Greeks have made over the last decade,” writes Anne Applebaum. (Slate)

Experts fear that a new wave of foreclosures will hit this year as prolonged unemployment makes it difficult for millions of homeowners to pay their mortgages — and many of them aren’t likely to get much help from a federal program aimed at keeping them in their houses. (Los Angeles Times)…

Entrepreneurs in Emerging Markets See Gloom Lifting

In a report published last month, Endeavor, the nonprofit group that helps entrepreneurs in developing countries, revealed one group’s outlook on the global economy. The organization surveyed 65 of its entrepreneurs, the bulk of them in South America. Companies had revenue between $500,000 and $20 million. Their answers were surprisingly upbeat, and contrasting even with their December responses to the same questions, which were also not as bad as you’d expect. Entrepreneurs around the world, particularly those working with Endeavor, seem to be in fairly good standing.

Key results:

Has the global crisis had any impact on your business to date?…