Word: worst
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Dates: during 2000-2009
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...Where is the global economy heading from here? My concern right now is that this U-shaped recession we are in could turn into something much uglier, meaning a Japanese-style L-shaped recession. We're in the worst global synchronized recession in the last 60 years. Unless we take the right policy actions, we'll end up in a near depression. I did not want to use that term six months ago. At that time, I said the chances of a near depression were only 10%. But today those chances are 33% or so. (Read "25 People to Blame...
...their debt and can afford to make a modest investment based on very attractive interest rates helped by capital put into the banks by the government. Low fuel prices will help that, and Federal Government tax cuts will give consumers a few extra dollars a month. (See the 50 worst cars of all time...
...reasons that the drop in economic activity has accelerated is that there is no mechanism in place to cope with a failure of this magnitude. The world in which The Great Depression played itself out predated the globalization of credit and economic interdependence. Even the worst of the large post-war recessions rarely lasted more than a year. Even at their most inventive, government policy systems are incapable of operating in an environment where the pace of negative change quickens by the week...
...best and worst moms of all time...
...Indeed, the worst possible scenario emerging out of this diplomatic fracas is a joint Russo-Iranian alliance against the United States. Energy-rich Russia and Iran have struck a friendship of sorts. In 2000, then-President Putin abrogated the 1995 Gore-Chernomyrdin agreement and renewed arms dealings between Russia and Iran. Since then, Putin has signed a $1 billion arms deal with Iran and supported Iran’s nuclear ambitions. During Putin’s 2007 visit to Tehran, the first trip to the Iranian capital by a Kremlin leader since Joseph Stalin’s visit...