This is a current list of Airlines who have entered protection and filed for Chapter 11 bankruptcy from 2002 to the present.

Fifteen key economists, policymakers and strategists weigh in on the current volatility and economic turmoil.

A Meltdown
Nouriel Roubini - professor of economics and international business at New York University's Stern School of Business.

When a borrower falls behind on monthly mortgage payments, they run the risk of defaulting on their home loan. Once a buyer defaults on their mortgage, the financial institution holding the mortgage on the home may begin a process known as foreclosure. Foreclosure is the financial institution's right to protect their interest should a borrower not be able to keep up with the required payments on their home.

The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation created in 1933. It provides deposit insurance which guarantees the safety of checking and savings deposits in member banks, currently up to $100,000 per depositor. The vast number of bank failures in the Great Depression spurred the United States Congress to create an institution to guarantee deposits held by commercial banks, inspired by the Commonwealth of Massachusetts and its Depositors Insurance Fund (DIF).

Get your personal finances in order

Being recession-proof means being prepared in case you lose your job. What if, no matter how amazing an employee you are, you get laid-off? You must have a financial backup plan. My rule is to have at least three months of expenses saved in case something happens. The optimal amount of savings is six months but I know many find that unrealistic. If you can do six months, however, all the better.

You need to calculate ALL of your expenses and start saving immediately. Here is a list of items you must not forget:

Inflation is an increase in the quantity of money and credit. Its chief consequence is soaring prices. Therefore inflation—if we misuse the term to mean the rising prices themselves—is caused solely by printing more money. For this the government’s monetary policies are entirely responsible.