Sentences with phrase «severe global depression»

In the wake of the most severe global depression for more than eighty years and the search for viable and practical alternatives to neo-liberalism, politicians across the ideological spectrum have ostensibly vied to champion and take ownership of the mutualist cause.

Not exact matches

The US subprime mortgage crisis, which resulted in the global financial crisis of 2007 - 2008, was the most severe one since the Great Depression, leading to the global economic downturn affecting almost the entire world.

According to the administration what we got for our $ 5 trillion was avoiding a collapse of the world financial system so we got a severe recession instead of circa 1929 global depression.