3Qs: Coping with cascading crises

Finan­cial prob­lems can arise in many forms, from the plunging economy to the after­math of nat­ural dis­as­ters. We asked Randy Colvin, an asso­ciate pro­fessor of psy­chology at North­eastern, to dis­cuss the psy­cho­log­ical impacts of a looming double-​​dip reces­sion paired with the dev­as­ta­tion caused by nat­ural dis­as­ters such as Hur­ri­cane Irene — as well as ways people can improve their emo­tional health in the face of such stress.

Partisan politics hinders debt-​​ceiling deal

Con­gress and Pres­i­dent Obama have yet to reach an agree­ment to raise the nation’s debt ceiling, a neces­sity to ensure that the United States is able to meet its finan­cial oblig­a­tions. William Dickens, a Dis­tin­guished Pro­fessor of Eco­nomics and Social Policy at North­eastern, said that the U.S. economy could slide into depres­sion if a deal is not agreed upon by the Aug. 2 deadline.