Depression
in sentence
1157 examples of Depression in a sentence
This would account for the fact that voices also emerge during states of extreme, but incidental, emotionality brought on by inspired thought, mania, depression, or ingestion of certain drugs.
As a result, the Fed responds aggressively when it perceives even a limited risk of another
depression.
The economic
depression
of the 1920s in Britain, and of the 1930s in the rest of the world, ushered in a global wave of protectionist, inward-looking policies and beggar-thy-neighbor competitive devaluations.
No government can sit idly by as a country goes into recession or depression, even when caused by the excessive greed of bankers or misjudgment of risks by security markets and rating agencies.
Consider, for example, the cacophony of arguments about government spending: is it the only thing keeping
depression
at bay, or is it moving us steadily down the road to perdition?
Indeed, some of Obama’s economic advisers counseled him that unless urgent steps were taken to stimulate the economy, there was a one-in-three chance of entering a full-scale
depression.
Stephen Roach has suggested that in the post-crisis global economy “relapse is the rule”; economist Brad DeLong, speaking of the “consequences of our lesser depression,” argues that the pretense of a eurozone recovery has collapsed; and European Central Bank President Mario Draghi has acknowledged the need not only for structural reform, but also fiscal expansion to boost aggregate demand.
In order to avert a likely depression, governments around the world engaged in fiscal and monetary stimulus in the midst of the global financial crisis.
Having overcome the worst of the global financial crisis, including a high risk of a worldwide depression, they are heartened by a widely shared sense that composure, if not confidence, has been restored.
Having used fiscal spending aggressively to avoid a depression, the US must now commit to a credible medium-term path of fiscal consolidation.
Parallels to 1937NEW HAVEN – The
depression
that followed the stock-market crash of 1929 took a turn for the worse eight years later, and recovery came only with the enormous economic stimulus provided by World War II, a conflict that cost more than 60 million lives.
As I read the transcripts, I recalled the long history dating back to 1825, and before, in which the uncontrolled failure of major banks triggered panic, a flight to quality, the collapse of asset prices, and
depression.
Minimizing the risk of a major war, depression, or financial breakdown thus requires that policymakers find the optimal balance – and that requires more explicit discussion of the efficiency-robustness trade-off.
We recognized that large bubble-driven losses in assets held by leveraged financial institutions would cause a panicked flight to safety, and that preventing a deep
depression
required active official intervention as a lender of last resort.
Since the ten-year US Treasury bond rate tends to be one percentage point above the average of expected future short-term interest rates over the next decade, even the expectation of five years of deep
depression
and near-zero short-term interest rates should not push the 10-Year Treasury rate below 3%.
And similar calculations for the 30-year Treasury bond show even longer and more anomalous expectations of continued
depression.
The Board actually predicted that its proposals would turn Puerto Rico’s recession into a
depression
of a magnitude seldom seen anywhere: a 16.2% decline in GNP in the next fiscal year (and a further decline the year after), which is comparable to the experience of countries undergoing civil wars, or that of crisis-ridden Venezuela.
On the contrary, lower wages will lead to decreased spending, aggravating the depression, and further increase the likelihood of immigration to the US, where salaries are substantially higher.
Among the 11 advanced economies that were hit by severe financial crises in 2007-2009, only Greece has suffered a deeper and more protracted economic
depression.
Faced with private deleveraging in the 1990s, Japan avoided an even deeper
depression
only by running large public deficits.
A country in recession or
depression
does not inspire confidence.
One can only speculate, but one fact remains clear: between 2008-2016 there would be no flood of EU nationals migrating to Britain to take jobs maintained by the BoE’s money creation drive at a time when the ECB was engineering a
depression
on the continent.
But Spain had a surplus and a low debt ratio before the crisis, and it, too, is in
depression.
In 2009, we were pulled back from the brink of depression, and 2010 was supposed to be the year of transition: as the economy got back on its feet, stimulus spending could smoothly be brought down.
Nearly all the movers were economic migrants, pushed out of their countries by famine and agricultural
depression
and pulled to the New World by the promise of free land and a better life.
Furthermore, this period of monetary tightening had unexpected consequences; financial institutions like Citicorp found that only regulatory forbearance saved them from having to declare bankruptcy, and much of Latin America was plunged into a
depression
that lasted more than five years.
In 1936, John Maynard Keynes demonstrated the futility of trying to balance the budget in the midst of an economic
depression.
Elections in Greece – where the recession is turning into a
depression
– may give 40-50% of the popular vote to parties that favor immediate default and exit from the eurozone.
The first is that stimulus packages around the world arrested the slide into depression, and may have started a modest recovery.
The boom just before the
depression
of the 1870’s that he described sounds a lot like what happened just before the current crisis.
Back
Next
Related words
People
Which
Would
Anxiety
World
Their
Global
About
After
There
Economic
Could
Years
Economy
Other
Financial
Recession
Crisis
Countries
During