depression

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depression

noun debasement, decline, deflation, depreciation, despondence, despondency, dispiritedness, dolefulness, economic decline, gloom, lowering, lowness, maeror, sinking, slump
Associated concepts: economic depression
See also: anguish, curtailment, decrease, distress, pessimism, prostration
References in periodicals archive ?
First, the Great Depression and the concomitant rise of Keynesian ideology caused a division between personal and public views of debt.
During the Great Depression, the economy contracted between 1929 and 1933, there was the beginning of a recovery, but then a second recession from 1937 to 1939.
The good news is that Curtis, Ebel, and Greene all forward fascinating research and energetic sophistication in rethinking religion in the Great Depression.
A third problem with the conventional Keynesian interpretation is that the balanced-budget approach during the Great Depression did actually work.
As this issue goes to press, not only has the economy failed to recover, the massive interventionist policies are increasingly seen as having made economic conditions worse With unemployment still at very high levels, the current crisis is arguably the worst economic episode since the Great Depression Economists have responded to this hard new reality by reviving the term, "Great Recession.
This second section is a follow-on to Parker's 2002 book, Reflections on the Great Depression, which contained interviews with eleven economists who lived through the Depression, whereas the new set of interviews focuses on economists who came into their own in the field after the Depression.
The magazine said that Mr Bernanke had helped steer the US economy through its darkest days since the Great Depression.
La bell' America From La Rivoluzione to the Great Depression: An Italian Immigrant Family Remembered is a blend of world history and family memoir, following how one Italian-American family was pushed out of their native country by political unrest and searched for their dreams in America despite poverty, prejudice, and the Great Depression.
The United Nations is convening a three-day summit of world leaders from 24 to 26 June 2009 at its New York Headquarters to assess the worst global economic downturn since the Great Depression.
Shlaes, author of the book on the Great Depression, "The Forgotten Man.
6% between 2008 and 2010 - damaging levels not seen since the Great Depression of the 1930s.
TRIGGER THE BLOODSHED The Great Depression ( Rising) TRIGGER The Bloodshed have been labelled the UK's heaviest band in some quarters.