The XX Factor

Recession Briefing 7.22

An iPhone app that feeds into recession rage?  The idea in the “Squash the $treet” video game is to squash as many “shady bankers, creepy fraudsters and corrupt CEOs” as you can - for cash. ( CNBC )

Who is behind the Recession 101 ad campaign?  It has to be someone who would profit from people getting their minds off the recession. ( New York /Daily Intel )

The poor economy is taking a toll even on the dead, with an increasing number of bodies in Los Angeles County going unclaimed by families who cannot afford to bury or cremate their loved ones. ( Los Angeles Times )

Economist Simon Johnson and Obamanomics author John Talbott say there’s plenty of blame to go around for the economic crisis . ( Salon )

The global recession has now passed its nadir but the financial crisis still has some time to run and it will be a year at least before banks start lending again in earnest, according to a poll of analysts. ( Reuters )

Chadwick Matlin spends a day on the Mississippi River tracking some of the Federal stimulus money. ( The Big Money )

A new “real misery index” feature aims to provide a more accurate gauge of what is happening in the lives of millions of American s as a result of the ongoing economic hard times. ( Huffington Post )

Martin Feldstein, a professor of economics at Harvard University, sees the risk of a “double-dip” recession looming. ( Bloomberg )

The recession is killing British pubs at an accelerating rate, an average of 52 every week in the first half of the year , an industry group said Wednesday. ( USA Today )