definition of depression

McDonald's: More Than One Million People Applied for Jobs on April 19th

nebris wrote in the_recession May 04, 2011 04:47

( Read more... )

societal breakdown, unemployment, economic collapse, the |_____ club, global financial trainwreck of 2007-?, reaganomics, definition of depression, 50 state slump, 52 week lows

Japan, Eat Your Heart Out: Welcome To The "L" From Hell.

cieldumort wrote in the_recession Oct 07, 2010 01:24

Bloomberg
Why One Economist Predicts Slow Growth

Robert J. Gordon of Northwestern University belongs to the committee of distinguished economists who officially declared on Sept. 20 that the U.S. recession ended way back in June 2009. Don't mistake that pronouncement for optimism. According to Gordon's research into the long-term determinants of ( Read more... )

nber, definition of depression, the |_____ club, japan, the long depression

Walmart's midnight baby formula bread line

nebris wrote in the_recession Sep 22, 2010 15:01

Americans are poor and hungry. Maybe now is not the time to be cutting government funding for food stamps?

By Andrew Leonard

A comment by Bill Simon, CEO of Walmart's U.S. operations, made last week at the Goldman Sachs Retail Conference, is getting tons of play in blogland:
And you need not go further than one ( Read more... )

government spending, the |_____ club, election year recessions, austerity measures, global financial trainwreck of 2007-?, homelessness, corporate profits, 52 week lows, income inequality, poverty, economic policy, libertarianism, wal-mart, 'capitalism', social safety nets, survivalism, definition of depression, 50 state slump, ayn rand, debt, state budgets, corporate welfare

Things Really Are Tough All Over

nebris wrote in the_recession Aug 12, 2010 10:13

Californians' income sees first decline since WWII
The personal income of California residents declined last year for the first time since World War II, state officials said Wednesday ( Read more... )

anatomy of a meltdown, california, economic collapse, global financial trainwreck of 2007-?, definition of depression, homelessness, united kingdom, poverty

Ed Schultz: "...aren't we better than this?"

nebris wrote in the_recession Aug 11, 2010 22:38

Thousands Crowd Housing Authority For Section 8 WAITING LIST, Fights Break Out (VIDEO)
More than a thousand people gathered Wednesday outside a metro-Atlanta shopping mall in hopes of being placed on a waiting list for federal housing assistance ( Read more... )

societal breakdown, financial crisis, the |_____ club, global financial trainwreck of 2007-?, homelessness, 52 week lows, income inequality, poverty, economic collapse, unemployment, social safety nets, economic shocks, house of cards, definition of depression, 50 state slump, civil unrest, home prices

What collapsing empire looks like

nebris wrote in the_recession Aug 07, 2010 21:16

By Glenn Greenwald

As we enter our ninth year of the War in Afghanistan with an escalated force, and continue to occupy Iraq indefinitely, and feed an endlessly growing Surveillance State, reports are emerging of the Deficit Commission hard at work planning how to cut Social Security, Medicare, and now even to freeze military pay. But a ( Read more... )

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Fed Heads Start Openly Conceding Risk of a Serious Deflation Spiral

cieldumort wrote in the_recession Jul 21, 2010 14:02

What has been obvious to many of us (an uncomfortably high risk of a Japan-like, or even worse, an 1870s-90s-like deflationary stagnation/depression) is now in the publicly available Fed comments (and who knows what they have been and are really saying behind closed doors).

CNNMoney
Federal Reserve looks to battle deflation

NEW YORK (CNNMoney.com ( Read more... )

depressions, definition of depression, credit crisis, federal reserve, double dips, depression circa 2009, deflation

The Third Depression

nebris wrote in the_recession Jun 28, 2010 14:09

From The NYTJune 27, 2010 ( Read more... )

economic policy, stimulus bill, herbert hoover, unemployment, the |_____ club, barack obama, global financial trainwreck of 2007-?, greece, paul krugman, the lost decade, 50 state slump, definition of depression, monetary policy, 52 week lows, the long depression

"I've Fallen and I Can't Get Up!"

cieldumort wrote in the_recession Jun 24, 2010 13:32

CNBC
Double-Dip Recession Fears Puts Scare Back in Market

( Read more... )

treasuries, the great recession, definition of depression, deleveraging, double dips, deflation, the great depression

Conference Board's Own Indexes Could Support Notion of Any "New" Recession Being Continuation

cieldumort wrote in the_recession May 22, 2010 05:07

The following chart has now been updated through May, 2010

This chart clearly shows that despite very strong upticks in the Conference Board's "Leading Economic Index," or "LEI," the actual Coincident Index, which is meant to closely reflect real-time economic conditions, and which normally trails the Leading Economic Index by a quarter or few, ( Read more... )

coincident indicators, definition of depression, leading indicators, conference board, definition of recession