Economic Depression

What is Economic Depression?

1.

(n.) A severe or long recession.

Ralph: Dude, the feds just lowered interest rates and backed a takeover of a large investment bank after acknowledging that we might be in a recession.

Ted: This recession's been going on since Bush took over. How long until we call it an economic depression?

See economic depression, depression, economy, gdp, recession

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Economic Depression Edit Meaning

1.

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Economic Depression