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Time for "Financial Survivalism?" - Peter Gosselin

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Complete video at: http://fora.tv/2008/07/10/Surviving_the_Great_Recession Los Angeles Times Financial Correspondent Peter G. Gosselin wonders if it's time for a new "financial survivalism," and warns American workers to keep an eye on their employee benefits packages. ----- Housing bust, credit crunch, unemployment and high commodity prices (oil anyone?) are familiar faces in the news, and they all lead up to the most dreaded word of all - "recession." Unemployed? Self-employed? A small business owner? A family just trying to survive? Some believe that no one may be safe this time around. With economic worries mounting, we talk to the experts to find out how to survive these trying times - The Commonwealth Club of California Peter G. Gosselin has been national economics correspondent for the Los Angeles Times since 1999. His latest series was The New Deal: If America is Richer, Why Are Its Families So Much Less Secure? He has also worked at the Boston Globe, The Providence Journal, The (North Adams, Mass.) Transcript and the Catskill (N.Y.) Daily Mail. He graduated from Brown University with a degree in philosophy and was a Bagehot Fellow at Columbia University, where he received an MBA in economics. His reporting has earned him the National Headliner Award, the George Polk Award (twice), and the SDXX award.

Tags: collapse, depression, dow, drop, economics, economists, economy, financial, market, recession, street, survivalism, wall,

Comments to “Time for "Financial Survivalism?" - Peter Gosselin”

Watelford Says:
January 7th, 2009 at 14:34:01 Id rather be poor and in the truth then Lied to and schizophrenic
Webbeleah Says:
January 7th, 2009 at 14:57:00 When are people going to wake the hell up and realize we can already produce everything we need to live a full and happy life? What the FUCK do we need MONEY for? Incentive to produce, and waste our lives in meaningless 9 to 5 jobs? Don't think so. Everyone simply needs to produce what they have passion to produce, because everyone is different. Without capitalism, all this shit would vanish. Think about it.
Eadbert Says:
January 7th, 2009 at 15:19:59 The Middle Class is about to go extinct... and SOCIALISM is making a comeback???? CORPORATE SOCIALISM is on the rise, while neglecting the shirts on your back. YES I MEAN you reading this. Shocked? Welcome to the SHOCK DOCTRINE!
Wilona Says:
January 7th, 2009 at 15:42:58 LMAO! Go ahead, ask those kinds of questions of your employer. But before you do, check on the unemplyment situation and benefits in your area. In todays climate, the employer holds all the cards and has a few aces tucked up his sleeve for good measure. It's sound advice if only our system wasn't so nasty.
Unwin Says:
January 7th, 2009 at 16:05:57 I hate this news. I've just discovered the high life. :-( When can we discover gold on the moon or something?

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