Depression
in sentence
1157 examples of Depression in a sentence
But the credit cycle was not the ultimate cause of the 1870’s
depression
or the crisis we are seeing today.
I can think of no depression, ever, that has been so deliberate and had such catastrophic consequences: Greece’s rate of youth unemployment, for example, now exceeds 60%.
Indeed, even if Greece’s debt is restructured beyond anything imaginable, the country will remain in
depression
if voters there commit to the troika’s target in the snap referendum to be held this weekend.
A yes vote would mean
depression
almost without end.
But Bernanke’s impressive research on the Great
Depression
does not mean that he can prevent the next recession or depression, for stopping deflation hardly solves all problems.
In the words of a renowned health economist, Victor Fuchs of Stanford University, "National health insurance will probably come to the United States after a major change in the political climate, the kind of change that often accompanies a war, a depression, or large-scale civil unrest."
Behind the cold statistics, lives are being ruined, dreams are being dashed, and families are falling apart (or not being formed) as stagnation –
depression
in some places – runs on year after year.
And these costs can be huge – potentially large enough, despite recent reform attempts, to cause Great
Depression
II (or worse).
Even when world trade finally began to revive after the
depression
ended, it remained fragmented, developing primarily within trading blocs and regions.
The full extent of the political damage that Germany’s bailout policy for the eurozone, with its austerity, mass unemployment, and economic depression, has caused in southern Europe remains to be seen.
Without debt restructuring, a low target for the primary budget surplus (net of debt payments), a “bad bank” to deal with non-performing loans, and a comprehensive reform agenda that tackles the worst cases of rent seeking, Greece is condemned to permanent
depression.
Some knowledgeable observers speak of an Asian
Depression.
Modest inflation in Asia, combined with a surge of export-led growth, is far preferable to an Asian
Depression.
Moreover, today’s global imbalances and misaligned real exchange rates threaten to bring on not just mild recession, but significant and prolonged
depression.
Its
depression
continues, whereas countries like Latvia, Lithuania, and Estonia, which carried out early, radical fiscal adjustments and liberalized their economies, are enjoying strong growth.
Monetary experts argued that an agreement on currency stabilization would be highly desirable, but that it required a prior agreement on the dismantling of trade barriers – all the high tariffs and quotas that had been introduced in the course of the
depression.
Franklin Roosevelt was already taking vigorous action against the depression, and was trying to reorder the failed US banking system.
If the world’s central banks raise interest rates while the major problem is insufficient global demand, they might cause a
depression.
If they do not raise interest rates while the major problem is inflation, they might cause spikes in prices, rising inflationary expectations, and a stubborn wage-price spiral like that of the 1970’s that can be unwound only with a later, deeper
depression.
The United States is experiencing a mortgage loss-driven financial meltdown that would, with an ordinary monetary policy, send it into a severe recession or a
depression.
To be sure, much more aggressive policy action (massive and unconventional monetary easing, larger fiscal-stimulus packages, bailouts of financial firms, individual mortgage-debt relief, and increased financial support for troubled emerging markets) in many countries in the last few months has reduced the risk of a near
depression.
There may be light at the end of the tunnel – no
depression
and financial meltdown.
Alvin Hansen (and many others) worried that, without the stimulation provided by the war, the economy would return to recession or
depression.
In a shrinking economy, a country’s debt-to-GDP ratio rises rather than falls, and Europe’s recession-ridden crisis countries have now saved themselves into a depression, resulting in mass unemployment, alarming levels of poverty, and scant hope.
Greece’s brief rebellion against permanent
depression
was ruthlessly suppressed in the summer of 2015.
External help is the best solution to boost market confidence and save the indebted countries from
depression
and default.
But the repercussions for international politics of the disabling conditions diagnosed as manic-depressive illnesses (including major unipolar depression) and schizophrenia could not be more serious.
Indeed, the most common of these illnesses, unipolar depression, is the least complex in terms of its symptoms, but also the most lethal: 20% of depressed patients are estimated to commit suicide.
A massive statistical study, conducted from 2001 to 2003 by the US National Institute of Mental Health (NIMH), estimated the lifetime prevalence of major
depression
among American adults (ages 18-54) at more than 16%.
Surveys among US college students estimated that 20% fit criteria for
depression
and anxiety in 2010, and that nearly 25% fit these criteria in 2012.
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