When A ‘Lifequake’ Hits: What to Do When Your Whole World Breaks Open
Remember the 2008 Great Recession?
About 13 years ago, many experts felt our economy was on the brink of annihilation, effectively in a free fall, perhaps a repeat of the Great Depression. Terms like “Too Big to Fail,” “TARP” and “Sub-Prime Mortgage Crisis” became household words. Massive layoffs caused unemployment to top out at 10% in October 2009. Hundreds of thousands of workers were being let go month by month. Home foreclosures rose by a record 81% in 2008, and over 860,000 families lost their homes that year. And the stock market? The S&P 500 declined by 56.8% from its peak in 2007 to its trough in 2009.
Workers from all socio-economic backgrounds
