Mastering the Lingo of the Recession
WalletPop has compiled a list of key terms in the new recessionspeak -- after all, a new economic reality requires a new language to describe it, don't you think? Some of the terms you're probably familiar with, especially since we've used them before in this blog and we know you're a loyal reader: Others were new to us: Funemployment, Naycation, Wealth Porn.
We'd like to add a few more to the list as well:
In-sourcing: Doing for yourself what you once paid others to do for you. The opposite of outsourcing.
Spave: Spending money in order to save money.
"Re-" movement: The trend of repairing, renewing and replacing rather than buying. Think going to a cobbler, sewing on a button or reupholstering a chair.
What words would you add to the list? Post them in the comments below or tweet me @ylanmui, and we'll add them to the list.
Posted by: ramonoski | July 12, 2009 4:36 PM | Report abuse
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