This post is about the late 2000s recession and financial crises that persist to this day. It will be continuously updated.
This CounterPuncharticle asserts that this is a white recession but a black depression.
From The International Monetary Fund: 'World Economic Outlook Update: Global Economic Slump Challenges Policies.'
28 February update:
Economy Shrinks at Fastest Pace in 26 Years
Tax-Deduction Plan Won't Hurt Charities During Recession, White House Says
Hard Economic Times a Boon for Libraries
4 March update:
What Does the Worst Recession in a Generation Look Like?"
4 August update: Middle-aged white men hard hit by the recession but the recession could cause the black middle class to go extinct. (11 August update: Hattie takes note of this in her post.) See also Muhammad's February CounterPunch article, which link is near the top of this post.
8 August update: The South is the epicenter of job loss. And Britain faces a power shortage. Many, but not all of these links are from the excellent LifeAftertheOilCrash website. Please visit regularly.