Satoshi Nakamoto created Bitcoin right after central banks tanked the world economy and induced a year -
long economic depression.
Yet, after the big bold scenes of subways in New York, steam trains splicing through the Mid-West, and industry emerging across the country, all peopled with Benton's hero labourers working, travelling, playing, drinking and flirting, the murals end on a sombre note: a group of desperate hands reaching up for coffee and bread, acknowledging
the long economic depression ahead.
Not exact matches
It can become a
depression — meaning the
economic slowdown can deepen and go on for a
longer time.
«Even during the Great
Depression of the 1930s, policy rates and
longer - term rates in the most affected countries (like the U.S.) were never reduced to such low levels,» wrote William White, chairman of the
Economic Development and Review Committee at the OECD in Paris, in a recent paper.
You will recall that it took us a
long time to claw our way out of the Great
Depression as well, which was another
economic debacle born of a business friendly Republican administration.
«Orthodox
economic historians have
long complained about the «great
depression» that is supposed to have struck the United States in the panic of 1873 and lasted for an unprecedented six years, until 1879.
GOP puppet, won't work for
long, the GOP is terrible with
economic policies on the national level, seen all the way from the Great
Depression 100 years ago.
The
economic crisis, previously viewed as an indispensable ally in helping the President enact the agenda, now appears as a malevolent agent, and a perversely ill - timed one at that, since, as Hendrik Hertzberg of The New Yorker explained, «the
longest and deepest mass suffering» of the Great Recession, in contrast to the Great
Depression, «has occurred with Obama in the White House.»
just read the American Government warnings for Citizens travelling in Mexico and you will know that Paradise Earth is no
longer Heaven on Earth... Rebellions, Refugees camps, Government Corruption, Wars, Death, Wealth disparity, injustice, State Security regulations... Poverty, unnecessary suffering, Death... Toxic Assets,
Economic Depression, Filthy Rich and Perversion....
Not only have measures of well - being and happiness ceased to rise with
economic growth but, as affluent societies have grown richer, there have been
long - term rises in rates of anxiety,
depression, and numerous other social problems.
Keynes clearly offered government intervention on a vast scale; Hayek believed, that if anything, this would make the
economic depression actually last
longer.
The real spectre haunting us is the possibility of a decade -
long depression and a return to the disastrous
economic failures of the 1930s.
While no apologist for the man who became synonymous with the Great
Depression, Whyte details how Hoover was up against worldwide
economic forces that he had no way of controlling and points out that the hard times continued
long into Roosevelt's presidency.
Not only have measures of wellbeing and happiness ceased to rise with
economic growth but, as affluent societies have grown richer, there have been
long - term rises in rates of anxiety,
depression and numerous other social problems.
And it's hard to believe that even in the worst of
economic depressions that the largest companies in the food, consumer staples, railroad, utility, healthcare, and banking industries will suddenly become unprofitable and no
longer have the money to pay and raise those dividends.
At 18 months, it was the
longest of any recession since World War II, according to the Business Cycle Dating Committee of the National Bureau of
Economic Research (NBER), and it is widely considered the worst contraction since the Great
Depression.
War finance (the currency debasement and credit expansion associated with funding war) has
long been associated with
economic distortion including World War I, which preceded «The Forgotten
Depression.»
Another worthwhile hope would be that continuing our dependence on the diminishing fossil fuels resources will produce such a profound and
long lasting
economic depression, the problem won't arise.
With, in theory, supply no
longer controlling the business cycle, Keynes advocated stimulation of demand via government spending and / or tax cuts as a cure for
economic depressions caused by what turned out to be a collapse in demand.
Though the worst
economic crisis since the Great
Depression has recently brought food prices down from their peak, they still remain well above their
long - term average levels.
So what is happening with the
Economic Forecast: How long will it last Bruce's data shows No underlying economic recovery before 2010 «Make that 2013» — Marty Lipton «US consumers are in the early stages of a multi-year retrenchment» — Stephen Roach Wall Street Journal prediction as to the shape of the recovery / future: • U: 10 % • V: 15 % • Big D (Depression): 20 % •
Economic Forecast: How
long will it last Bruce's data shows No underlying
economic recovery before 2010 «Make that 2013» — Marty Lipton «US consumers are in the early stages of a multi-year retrenchment» — Stephen Roach Wall Street Journal prediction as to the shape of the recovery / future: • U: 10 % • V: 15 % • Big D (Depression): 20 % •
economic recovery before 2010 «Make that 2013» — Marty Lipton «US consumers are in the early stages of a multi-year retrenchment» — Stephen Roach Wall Street Journal prediction as to the shape of the recovery / future: • U: 10 % • V: 15 % • Big D (
Depression): 20 % • L: 55 %
As a recent accounting graduate from Homewood Business School, I look forward to working as an accounts payable clerk at Interstate Companies, an organization that I have
long - admired for its consistency in the market and the ability to rise, even in events of extreme
economic depression.
Addressing critical health risk factors such as maternal
depression, domestic violence, and tobacco use during pregnancy and infancy reduces health care costs in the
long term and can improve families»
economic security.