Our present circumstances may end up better or worse than the Great Depression, but it will end up
worse than recessions in the latter half of the 20th Century, in my opinion.
It's also looking
worse than the recession in the early 1990s.
Not exact matches
Interestingly, none of the months in or immediately following the
recession saw more
than two CMAs simultaneously have «
bad» months.
These companies use political contributions and armies of lobbyists to cajole governments to ignore the consequences: an economic crisis
worse than the recent
recession awaits if these nations fail to spark growth in areas that can stimulate growth and create jobs.
Brazil was the only main market to see profits decline, for a sixth consecutive quarter, as Latin America's largest economy emerges unevenly and slowly from its
worst recession in more
than a century.
Small - business owners remain much
worse off financially
than they were before the Great
Recession because they suffered a particularly deep drop in income during the economic downturn.
The year is shaping up to be the sixth straight of
worse -
than - before - the - Great -
Recession economic conditions for small companies.
Eight years after the beginning of the last
recession, the economy is in much
worse shape
than was expected — at least judging from the forecasts that the Congressional Budget Office published back in August 2007.
What will make this
recession worse than average is not the fact that a couple of additional industries are affected, but that the extreme speculation and excessive debt of recent years will propagate the effects of this downturn through the financial system.
After weathering more
than one
recession, not to mention the
worst housing crash in history, Myers says he has never seen anything like this.
While I'm not persuaded by the argument that Canada needs countercyclical Keynesian deficit spending (I think we're already out of
recession), I do know what fiscal policy I would consider
worse: arbitrarily cutting spending in a weak economy to balance the budget in light of a revenue shortfall stemming from lower
than expected nominal GDP.
As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations
than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at
worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming
recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
The markets seemed to be conveying that Indonesia's economy was as
bad as — or
worse than — 1988, when they had riots in the streets, a government collapse, corporate bankruptcies and a massive economic
recession.
Steadily rising prices, the danger of continuing inflation, an economic
recession as
bad or
worse than the Great Depression of the early 1930s, and widespread unemployment that can hit almost anywhere give plenty to worry about.
«As you are aware, Nigeria just exited its
worst recession in more
than two decades.
On the donations we've given the party over the last year, and has now asked for some more, I wonder how many labour members angry at our own party for spending money we didn't have in the late 2000's which has seen this
recession be
worse than it need be, feel obliged to give to our party additional money,
Citing a recent paper by Joseph Stiglitz, winner of the 2001 Nobel Prize in Economics, and Peter Orszag of the Brookings Institution, the groups reminded Governor Pataki that cutting state and local services during a
recession will make the situation
worse rather
than better.
The next
recession is coming and will be worse than the Bush Great R
recession is coming and will be
worse than the Bush Great
RecessionRecession.
That comes after a year in which the fund grew by less
than one percent — one of its
worst performances since the end of the
recession.
«It is evident that APC has never had anything to offer Nigerians other
than confusion, disagreements, economic
recession,
bad national image and painful bloodletting.»
In the teeth of the
worst recession in decades, more
than one - third of the over 6,800 teachers hired in 2006 - 2007 left New York City public schools of their own accord, largely because of the DOE's mismanagement and its obsession with test prep rather
than real education.
Among big cities, Chicago emerged from the 2008
recession in
worse financial shape
than most.
Yet, the most recent
recession always seems so much
worse than earlier periods since it is fresh on our minds.
During the Great
Recession, the
worst credit crisis since the Great Depression, high - grade corporates lost less
than 50 % during a short time while high yield corporates lost approximately two thirds for an extended period.
I am expecting all of the TV personalities to be wrong and the US
recession to be much
worse than they all think it is going to be and Canada's economy will be dragged through the mud as the USA is still our biggest trading partner, consuming over 75 % of our exports since I last saw the statistic, which was over a year ago.
I expect this
recession to be much
worse than normal.
This is especially important for younger workers, where history has proven that the long - term gains of the stock market are far more
than enough to compensate for a
bad year or even a
recession.
Deep in the current world
recession, apparently far
worse than that of the 30s and in post WWII Britain, and as gold prices head towards $ 5,000 (# 3,127) an ounce, curiously in Sotheby's Modern & Post-war British Art sale the estimated price for this piece exactly matches the earlier Christie's estimate.
If you want to escape the blustery winds of winter or thoughts of
recession, you could do a lot
worse than to take yourself to Leeds to see the new Henry Moore Institute exhibition of British sculpture from the 1960s and 1970s.
Image credit: France24.com Moody's Investor Service warns that the Gulf oil leak «impact could simulate a double dip to the economy in [Florida, which is] already struggling more
than most to emerge from one of the country's
worst recessions.»
Since the Great
Recession, unemployment and underemployment have been relatively high compared to previous market recoveries, but millennials haven't fared
worse than other generations.
This chart, from the Calculated Risk site, which I show as part of my layoff product, tells the story of the percentage of job losses by
recession in one frightening graph: The percentage of job losses in this
recession are far
worse than any other
recession, save the Great Depression.
They were more right
than they realized, Dunn says, and were positioned to grow during the
recession when banks, saddled with
bad loans, pulled back on the sector.
That's less
than a decade after one of the
worst recessions on record, during which there was no speculative industrial development anywhere in the country.
While there is significantly less
bad news out there
than there was at this time last year, some chains just don't seem to be on solid footing and it might not be due solely to the recent
recession.