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Topic: Economic depression

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In the News (Thu 18 Jul 19)

  DepressionRemedy.com - Feel better!
Depression is a mood disorder that influences every aspect of daily life.
Depression is one of the most commonly misdiagnosed illnesses.
Obvious symptoms of depression are treated, such as loss of appetite, sleeplessness, and headaches are treated, but the root of the problem is commonly not addressed.
www.depressionremedy.com   (579 words)

 Great Depression, Debate begins, economic Great Depression.
They were highlights in the continuous and growing flows of bad economic news of all sorts, and they did stagger the markets.
John Maynard Keynes reportedly observed that the science of economics, banking and finance was in a backward state, and declared that those who represent themselves as "the experts talk much greater rubbish than an ordinary man can ever be capable of." He predicted two to five more years of slump.
Thus, in spite of the economic shakeout of the inefficient, the outmoded, and the over extended in the private economy - and the many efforts at increased efficiency and financial retrenchment among the survivors - the fundamental causes of the Great Depression - being political in nature - remained to haunt world trade.
www.futurecasts.com /Depression_descent-beginning-'31.html   (3938 words)

  Depression -- And its Activism Antidote -- Will Lead to Bush's Downfall
Depression is a sane, normal way of dealing with overwhelming grief, loss, confusion, shame -- in this instance cluster-bombs, depleted uranium weapons, children being slaughtered as "collateral damage," and all in our name.
The end result of trickle-down economics often is a bad recession, where a relative handful -- buoyed by the tax breaks they received -- are able to ride out the bad times with ease, while the rest of us have to struggle even more just to stay afloat.
The great thing about dealing with depression is that once we work your way through the grief and sadness and release the anger and frustration, a grand, energized opportunity exists to make sweeping changes in both our immediate personal situation and in our social situation as well.
www.dissidentvoice.org /Articles4/Weiner_Depression-Activism.htm   (2133 words)

  EH.Net Encyclopedia: An Overview of the Great Depression
The Great Depression, and the economic catastrophe that it was, is perhaps properly scaled in reference to the decade that preceded it, the 1920s.
The empirical support for the validity of the nonmonetary/financial hypothesis during the Depression is substantial (Bernanke, 1983; Fackler and Parker, 1994, 2001; Hamilton, 1987, 1992), although support for the “credit view” for the transmission mechanism of monetary policy in post-World War II economic activity is substantially weaker.
For the literature on the Great Depression, the empirical research conducted on the expectations hypothesis focuses almost exclusively on uncertainty (which is not the same thing as pessimistic/optimistic expectations) and its contribution to the onset of the Depression (Romer, 1990; Flacco and Parker, 1992).
eh.net /encyclopedia/article/parker.depression   (10625 words)

 Great Depression at AllExperts
In Europe, the question of the war reparations was fundamental to the economic and political history of France, Germany, Britain and the United States, but the greatest effect was on Germany, since that country had to pay the largest portion of reparations[1].
In his book, "America's Great Depression" Austrian Economist Murray Rothbard argues that the initial collapse of the Great Depression was simply the necessary monetary contraction that had to follow the inflationary policies of the Federal Reserve that initiated the boom of the 1920s.
Many historians think that the social discomfort caused by the depression was a contributing factor in the defeat of Barry Hertzog and his National Party in the 1933 general election.
en.allexperts.com /e/g/gr/great_depression.htm   (4586 words)

 Depression (economics) - Search Results - MSN Encarta   (Site not responding. Last check: )
Depression (economics), in economics, a period in an industrial nation characterized by low production and sales and a high rate of business...
During the economic hard times of the 1930s known as the Great Depression, Idaho’s economy once again suffered.
Economics : diagrams, illustrations, and statistical tables: unemployment during the Depression
encarta.msn.com /Depression_(economics).html   (180 words)

 [No title]
The economic depressions of the 18703 and the 1890s exacerbated anti-Chinese tensions, leading to riots and the boycotting of Chinese businesses across the country.
Business and economic depressions give birth to many very unpleasant characteristics that are the unavoidable consequences and 'offspring' of substantial business operating losses and bankruptcies.
Economic depressions in 1836 and again ten years later brought ruin to some planters, though fortunes were made by others.
www.lycos.com /info/economic-depressions--miscellaneous.html   (586 words)

 The Great Economic Depression of 1929
Doing so proved impossible because the depression caused tax revenues to decline at the same time that the government was being forced to spend more in relief for the needy.
With prices falling, unemployment high and economic activity stagnating, deliberate deficit spending would have provided stimulation to the economy, however the contrary was done, expenditures were reduced to a minimum and additional taxes were imposed.
The depression was very hard on workers and it almost killed the labor movement in the United States.
www.isop.ucla.edu /profmex/volume1/4fall96/Art3/Great.html   (1837 words)

 America's Great Depression: An Overview
At the time of the Great Depression, government intervention in the economy was higher than it had ever been and a special government agency had been set up specifically to prevent depressions and their associated problems, such as bank panics.
There are six depressions in American history that are thought to be the worst since detailed records of economic data started to be kept (around 1867), 1873-79, 1893-97 (actually two contractions separated by an incomplete expansion), 1907-08, 1920-21, 1929-33, and 1937-38.
Although depressions vary on length and severity, the similarities are so profound that Nobel Laureate Robert Lucas has stated, "business cycles are all alike." Since it's been about 60 years since we've had a depression, one might think that the economy is being managed better than it used to be.
www.amatecon.com /gd/gdoverview.html   (1546 words)

 Depression of the 1930's
The economic depression that beset the United States and other countries in the 1930s was unique in its magnitude and its consequences.
Economic Aspects President Calvin COOLIDGE had said during the long prosperity of the 1920s that "The business of America is business." Despite the seeming business prosperity of the 1920s, however, there were serious economic weak spots, a chief one being a depression in the agricultural sector.
The depression was thus a time of massive insecurity among peoples and governments, contributing to the tensions that produced World War II.
www.studyworld.com /depression_of_the_1930's.htm   (1283 words)

 Economic depression   (Site not responding. Last check: )
In economics, a depression is a term commonly used for asustained downturn in the economy.
Like a recession, thestart of a depression is characterized by increases in unemployment,restriction of credit, reduced output and investment, price deflation, numerous bankruptcies, and reduced amounts of trade and commerce.
The most noted depression is the Great Depression that affectedmuch of the world in the 1930s.
www.therfcc.org /economic-depression-59505.html   (198 words)

 Will there be an Economic Recession, Depression, or Stock Market Crash in 2007 or 2008? - How will the World Economy ...
(1) Saturn was in Sagittarius in 1782, when an economic decline began that resulted in economic depression in the U.S. from 1783 to 1787.
(2) Saturn was in Sagittarius from 1838-1841, a severe economic depression, lasting seven years, began with the panic of 1837, caused by a series of bank failures.
Generally, the U.S. economic pattern of recessions or depressions every 30 or 60 years is related to the 29.4 period of revolution around the Sun of the planet Saturn.
www.revelation13.net /economy.html   (981 words)

 Democracy and Economic Cycles
This was no coincidence: Both were reactions to a widespread economic depression that had begun in the previous decades.
England reacted to their economic distress with a series of efforts to raise revenue - the Stamp Act, the Townshend Acts, and the Tea Act (among others); the colonists reacted with the Boston Tea Party and the Declaration of Independence.
Economic downturns have historically represented social and political transition points, times of great difficulty but also of great opportunity.
www.thomhartmann.com /economiccycles.shtml   (2770 words)

 Depression Humor
Galbraith became an economics instructor at Harvard in 1943 and welcomed the new theories of John M. Keynes concerning the causes and the governmental cures for the Great Depression.
Since economic poetry is rare, Leacock’s poem, "The Social Plan," in his Hellements of Hickonomics, might qualify him as one of the world’s leading writers of humorous economic verse.
But economically, this period was very similar to the boom times of World War I and the 1920s when he was at the top of his prestige.
www.compedit.com /depression_humor.htm   (2898 words)

 In Economics, What is a Depression?
A depression in economics may be somewhat hard to define.
Today many economists fear a depression again based on examining unemployment, need for public assistance, and rising costs of goods and services that are not in keeping with salaries in most industries.
A depression today might not be indicated by a 10% decrease in the GDP, but might instead be the result of business practices intended to be more profitable.
www.wisegeek.com /in-economics-what-is-a-depression.htm   (528 words)

 Will there be an Economic Recession, Depression, or Stock Market Crash in 2007 or 2008? - How will the World Economy ...
Also, investment and economic agreements with Russia should be avoided, watch out for a mother bear that has lost its cubs-- as Russia has lost its former satellite countries; although Russia is helping the U.S. in the War against Terrorism, I think that this relationship could change and investment in Russia should be avoided.
Generally, the U.S. economic pattern of recessions or depressions every 30 or 60 years is related to the 29.4 period of revolution around the Sun of the planet Saturn.
During a recession or depression, Keynes said that a government should not worry about budget deficits, in fact by Government spending to create jobs and public works projects, and deliberately running large deficits, the country can be pulled out of the recession or depression.
revelation13.net /economy.html   (1516 words)

 The Greatest Depression
The world is on the cusp of the greatest economic depression thanks to two generations of fiscally irresponsibility.
I argue that we'll already be immersed in a global economic depression long before oil runs out completely, but as oil starts to dry up, as the average cost per barrell continues to skyrocket over the coming years, we'll see this further pinch local economies and stiffle commerce requiring transportation.
Economics is like nature: there are concrete laws that exist and, no matter how hard you want to imagine otherwise, cannot be broken.
thegreatestdepression.blogspot.com   (3680 words)

 Economic Depression Now Hitting All G-7 Countries
The dynamic of worldwide economic decline leaves only one conclusion to be drawn: We are not dealing this time with a cycical recession, but with a self-aggravating crash dynamic.
According to the Tankan report issued by the Bank of Japan on Sept. 28, the collapse of the economy, officially characterized as "recession," was further aggravated in the last quarter.
Indicative of the economic activity in all of Europe, are also the new orders for the German machine-building sector: Orders have been falling since February, and in August they dropped by 21%, with an 11% fall in domestic orders, and 28%, from abroad.
www.rense.com /general15/g7.htm   (1547 words)

 Institute for Economic Analysis (IEA)
Economic Stabilization deficit or surplus -- the effect of the economy on the budget, and vice versa.
Insulate the SS Trust Fund from economic fluctuations and government economic mismanagement by basing SS projections on a "standaradized" Humphrey/Hawkins 4% unemployment" rate, with deviations of the Trust Fund surplus from these values transferred to the main budget's Stabilization Account.
The much-heralded 2029 (or 2032) "bankruptcy" is caused mainly by the SS Commission's own inappropriate economic assumptions; their 5% unemployment projections have no financial problems for the forseeable future, and there is no need for the government to permit unemployment to go above that again if it adopts responsible economic policies.
www.iea-macro-economics.org   (2481 words)

 Multitext - Economic Depression
The rising economic hardship led to rising rural disorder.
It was argued that there was a shortage of capital due to the outflow of rents to absentee landowners, and investors were reluctant to sink capital in an unstable society.
It is unlikely that the chronic poverty, economic imbalance, and social disorder of the pre-Famine decades would have been solved simply by land reform and a better deal for the tenant farmer.
multitext.ucc.ie /d/Economic_Depression   (1558 words)

 MacroScan -Globalisation and Economic Depression  (contd.)
It would be wrong to infer from these that fiscal policy is not an important means of changing levels of economic activity in the advanced capitalist economies.
However, these data do suggest that the pattern of fiscal stance, of the kind of spending and taxation decisions that are made, may be even more significant than the absolute levels.
These led to depressed expectations, which in turn meant that additional incomes tended to be saved to insure against future job loss, and therefore did not translate into higher economic activity.
www.macroscan.com /fet/apr02/fet110402Globalisation_economic_depression3.htm   (808 words)

 The Roots of the Great Depression
Timberlake is a former professor of economics at the University of Georgia, where he taught monetary economics from 1964 to 1990.
Those who profess a "wage-price spiral" are not allowing for economic reactions and adjustments throughout the economy, nor are they taking sufficient account of what is happening in and to the monetary system.
What is most important to understand is that the Contraction and Depression were not economic events, but the fruits of political decisions made by agencies of the federal government.
www.theobjectivistcenter.org /articles/interview_roots-great-depression.asp   (4704 words)

 Roosevelt and Approaching War
That November, largely in response to Roosevelt's failure to end the depression, the Republicans made substantial gains, adding eighty-one seats in the house, gaining eight seats in the Senate and electing eleven governors.
He recognized that the United States was a great economic power, but, he said, it would not be a world power until 1970 or 1980 at the earliest.
Spending was lifting the United States out of the depression, without bringing the economic disaster that some thought it would.
www.fsmitha.com /h2/ch22.htm   (3704 words)

 Does a Falling Money Stock Cause Economic Depression? - Mises Institute   (Site not responding. Last check: )
Faced with a lackluster response to this aggressive monetary stance, it is tempting to draw parallels with the 1930's economic depression.
Observe that economic depressions are not caused by the collapse in the money stock (as suggested by Milton Friedman), but come in response to a shrinking pool of real funding on account of previous of loose money.
Again, note that contrary to popular thinking, depressions are not caused by tight monetary policies, but are rather the result of previous loose monetary policies.
www.mises.org /fullstory.aspx?control=1211%20   (1443 words)

 Economic Depression
Economic growth and earnings estimates were simply postponed until the second half.
During the initial stages of the economic downturn housing activity remained unusually strong.
The economic rebound is based on continued strength in consumer spending, and along with it, a robust housing market.
www.usagold.com /gildedopinion/puplava/20011012.html   (3383 words)

 Great Depression — Infoplease.com
The American depression produced severe effects abroad, especially in Europe, where many countries had not fully recovered from the aftermath of World War I; in Germany, the economic disaster and resulting social dislocation contributed to the rise of Adolf Hitler.
In the United States, at the depth (1932–33) of the depression, there were 16 million unemployed—about one third of the available labor force.
Depression: does nutrition have an adjunctive treatment role?(VIEWPOINT)(Abstract Depression is a serious illness, affecting more......
www.infoplease.com /ce6/history/A0821657.html   (407 words)

 To start Coming Economic Depression
Depression - Jobs - Depression is a medical condition.
The deep economic depression brought on by over-speculation and...
A PDF Version can.....issues go the the heart of the Coming Economic Depression in one very.....may remain with us after the...
www.sudarsanjyothis.com /coming-economic-depression.html   (338 words)

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