A Quote by Robert J. Shiller
I am worried that the collapse of home prices might turn out to be the most severe since the Great Depression.
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The downturn following the collapse of Japan's so-called bubble economy of the 1980s was not as severe as the Great Depression.
I suffer from depression. Severe cases of it. Not one case of depression, not a severe case, but severe cases of depression. Music is my only outlet, it's therapeutic to me. It's a release. It's how I vent emotionally.
Life has to keep going, so you can either be a victim the rest of your life and let it drag you down into drugs and alcohol and depression or you can turn it into something good, fun even, you know, and I tell young people who are going through depression that this might be the most important time of your life. This might be what makes you a great artist later on.
So here are reasons why I talk to strangers: because I never know what might happen, because the world is full of surprises; because the very thing I am most worried about might turn into the thing I need most.
Ever since the Great Depression, economists have known that demand shortages tend to persist in the wake of severe financial crises like the ones that happened in 1929 and 2008.
If you have certain problems with your brain but are raised in a good home, you might turn out okay. If your brain is fine and your home is terrible, you might still turn out fine. But if you have mild brain damage and end up with a bad home life, you're tossing the dice for a very unlucky synergy.
In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression.
Because depression is so thematically powerful and so dark, when it's very severe, it can make people feel not only as if they've lost a loving connection, but as if the whole world is devoid of love. So if we wonder how somebody could take 149 people with him when he commits suicide, one answer can be that depression, when it's most severe, can make people feel that life is completely without value, not just for them but for anyone.
The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.
You are worried that the religious Right might succeed in forcing their values onto us? I am worried they might fail.
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
One in six people suffer depression or a chronic anxiety disorder. These are not the worried well but those in severe mental pain with conditions crippling enough to prevent them living normal lives.
I might look successful and happy being in front of you today, but I once suffered from severe depression and was in total despair.
When I'm talking about depression, I'm talking about the more severe forms of depression, and I think that conceptualising as a form of grief is probably not the most effective way of looking at it. I mean, at the end of the day, people suffer enormously, and you want to treat it.
I was worried when I returned that I might be booed or barracked. Nobody has waved fivers at me. I am touched by the reception since I have come back.
We are having the single worst recovery the U.S. has had since the Great Depression. I don't care how you measure it. The East Coast knows it. The West Coast knows it. North, South, old, young, everyone knows it's the worst recovery since the Great Depression.
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