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Keyword: depression

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  • When to Buy and Sell in Today’s Markets - Copyright 1938 (Sound Familiar?)

    06/26/2009 8:58:21 AM PDT · by aMorePerfectUnion · 4 replies · 391+ views
    Timing: When to Buy and Sell in Today’s Markets, by John Durand, Copyright 1938. Forward There are only two kinds of economic systems. In one, private initiative, however circumscribed, is the dominant force. In the other the State is master. In the year 1929 the American capitalist system seemed secure. Capping a long record of high achievement, it had produced our greatest era of prosperity. It appeared to be a “sound” prosperity—until the dream suddenly blew up before our startled eyes. Then came nearly three years of grinding deflation and rising unrest, out of which was born the political overturn...
  • Republicans are about to kill a bank that's been around for 80 years — at least for a little while

    06/24/2015 7:50:39 AM PDT · by SeekAndFind · 22 replies
    Business Insider ^ | 06/24/2015 | ERICA WERNER, ASSOCIATED PRESS
    Congressional Republicans are poised to deal a sharp blow to their traditional allies in the business community by allowing the federal Export-Import Bank to go out of business at the end of the month. But it may only be temporary. The 81-year-old bank is a little-known federal agency created during the Depression that makes and guarantees loans to help overseas buyers purchase US products, from airplanes to bridges to baby clothes. Over the past year it's also become a surprising test of GOP purity, as tea party-backed lawmakers and outside conservative groups have denounced the bank as crony capitalism and...
  • The Kids Are Not All Right

    06/02/2017 7:59:13 AM PDT · by Kaslin · 42 replies
    Townhall.com ^ | June 2, 2017 | Mona Charen
    More than 36 percent of teenage girls in America are depressed or have suffered a recent major depressive episode, according to a study published in Translational Psychiatry. For boys, the rate is 13.6 percent. What are we doing to the kids? It isn't just one study. Research throughout the last several decades has shown a consistent pattern of rising anxiety, depression, suicide and suicide attempts among American adolescents. A 2001 paper published by the Bureau of Economic Analysis found that the suicide rate tripled between 1950 and 1990. The rise in depression and other psychological suffering cannot be written off...
  • Will There Be A Depression? (circa 1980 sermon by Pastor David Wilkerson)

    04/18/2017 5:26:35 PM PDT · by Faith Presses On · 14 replies
    Tscpulpitseries.org ^ | ca. 1980 | David Wilkerson
    There is a "survival panic" gripping this nation. Some economic experts warn Americans to flee the cities, buy a home or acreage in the country, hoard a supply of dried foods and ammunition, lay away a stash of gold or diamonds, and get ready for a terrifying depression. At this very moment, economic gloom is covering the nation like a dark, foreboding cloud... Everywhere I travel now, people ask me, "David, where is our nation headed?...What do you hear from the Lord about the present problem?" *** Let the dollar fall. Let depression or recession come with its unemployment and...
  • Hillary Clinton says she won't run for public office again

    04/07/2017 2:49:19 PM PDT · by Zakeet · 92 replies
    LA Times ^ | April 6, 2017 | Barbara Demick
    Hillary Clinton said she doesn't intend to run for elected office again, but vowed to remain involved in public service and to help Democrats regain control of Congress in the 2018 election. In her first postelection interview, Clinton alluded to the pain of her loss of the presidency to Donald Trump, hinting that there were times she didn't want to get out of bed.
  • Top economist: Puerto Rico could fall into deeper depression

    04/07/2017 4:37:47 AM PDT · by Olog-hai · 13 replies
    Associated Press ^ | Apr 6, 2017 6:30 PM EDT | Danica Coto
    Nobel economics laureate Joseph Stiglitz criticized Puerto Rico’s new fiscal plan on Thursday, saying that its “draconian” austerity measures are the worst he has ever seen and could plunge the U.S. territory into an even deeper depression. The former chief economist and senior vice president of the World Bank spoke to a gathering of more than 1,000 people in San Juan. Stiglitz said the 10-year fiscal plan approved last month by a federal control board created by U.S. Congress is based on the wrong principles and erroneously puts creditors first. […] Puerto Rico is preparing to implement austerity measures that...
  • CHILDREN OF THE 1930s and 1940s – “THE LAST ONES”

    04/03/2017 9:20:51 AM PDT · by Oldpuppymax · 39 replies
    The Coach's Team ^ | 4/3/17 | Denise Eyherabide
    Born in the 1930s and early 1940s, we exist as a very special age cohort. We are the “LAST ONES.” We are the last, climbing out of the depression, who can remember the winds of war and the war itself with fathers and uncles going off. We are the last to remember ration books for everything from sugar to shoes to stoves. We saved tin foil and poured fat into tin cans. We saw cars up on blocks because tires weren’t available. We are the last to hear Roosevelt’s radio assurances and to see gold stars in the front windows...
  • Politics-Related Depression: Is It Real?

    03/04/2017 9:30:18 AM PST · by EveningStar · 20 replies
    National Review ^ | March 3, 2017 | Mia Zaharna & Henry I. Miller
    Fragile types in liberal enclaves have a hard time coping with Trump's election. The nation's politically liberal coasts have seen a months-long outbreak of depression. Here in the San Francisco Bay area, among patients, neighbors, friends, and colleagues, there is palpable gloom. They cite as the reason "the news." Ever since the election, people have been unable to pull themselves away from our ongoing political soap opera. "Election depression" has turned into the more chronic "political depression." In an interview, several psychologists characterized this mood disorder as being commonly marked by nightmares, insomnia, digestive problems, and headaches, with anxiety, jitteriness,...
  • Obama First President Since Great Depression Not to See 3% GDP Growth

    03/02/2017 7:54:28 PM PST · by ForYourChildren · 22 replies
    CNS News ^ | 03/01/2017 | Terence P. Jeffrey
    With the Bureau of Economic Analysis reporting on Tuesday that real Gross Domestic Product grew at an estimated 1.6 percent in 2016, President Barack Obama remains the first president since the Great Depression not to see a single year with at least 3 percent growth in real GDP. {..snip..}
  • Common Sense - 2017

    01/18/2017 7:12:16 AM PST · by Weeble
    The Burning Platform ^ | 1/16/2017 | Jim Quinn
    Paine’s contribution to American independence 241 years ago during the first American Fourth Turning cannot be overstated. His clarion call for colonial unity against a tyrannical British monarch played a providential role in convincing farmers, shopkeepers, and tradesmen reconciliation with a hereditary monarchy was impossible, and armed separation was the only common sense option. The same common sense Paine used to argue against a tyrannical, oppressive hereditary monarchy applies today when judging our corrupt, authoritarian, co-opted government. His themes of society as a blessing, government as evil, and revolution as inevitable are as applicable today as they were 241 years...
  • An evil drug

    12/01/2016 8:52:23 AM PST · by Sean_Anthony · 14 replies
    Canada Free Press ^ | 12/01/16 | Patrick D Hahn
    Antipsychotics and Maryland foster children; Part 1 “It’s an evil drug.” So says Dam Le, who as a boy was prescribed Johnson & Johnson’s blockbuster drug Risperdal while in the custody of the Maryland foster care system.
  • 'Magic mushroom' psychedelic may ease anxiety, depression

    11/30/2016 9:56:36 PM PST · by Olog-hai · 42 replies
    Associated Press ^ | Dec 1, 2016 12:07 AM EST | Malcolm Ritter
    The psychedelic drug in “magic mushrooms” can quickly and effectively help treat anxiety and depression in cancer patients, an effect that may last for months, two small studies show. It worked for Dinah Bazer, who endured a terrifying hallucination that rid her of the fear that her ovarian cancer would return. And for Estalyn Walcoff, who says the drug experience led her to begin a comforting spiritual journey. The work released Thursday is preliminary and experts say more definitive research must be done on the effects of the substance, called psilocybin. But the record so far shows “very impressive results,”...
  • The Greatest Generation of the South

    11/28/2016 7:02:44 AM PST · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 11/28/16 | Dr. Ileana Johnson Paugh
    It was a life from another century when family, church, citizenship, hard work, and morals mattered. It was the 20th century generation of Americans that had made America great Ina Faye’s mother was a “pack-rat” who lived through the Great Depression. A child of seven brothers and sisters, they lived in dignified poverty, glad and thankful for hand-me-downs, clothes, apples, peas, okra, and whatever their neighbors could share in those difficult years. It was a hard-scrabble life but nobody complained much. Ina Faye’s dad came from a well-off family. Even though he could give her mom whatever she wanted, mom...
  • Even Monetary Authorities Think We're In a Depression

    09/09/2016 3:55:45 AM PDT · by expat_panama · 33 replies
    Real Clear Markets ^ | September 9, 2016 | Jeffrey Snider
    You probably aren't aware because it isn't a topic that gets discussed much if at all on the outside, but increasingly even monetary policymakers are coming around to the idea that we are in a depression. What choice do they have, really, since practically any chart of any economic account in any economy shows as much. The gathering in Jackson Hole late last month was really an internal discussion in how to think about keeping current central bank frameworks alive in such a world. Earlier this week, San Francisco Fed President (and CEO) John C. Williams spoke in Nevada on...
  • Collapse Fatigue

    08/13/2016 4:54:49 AM PDT · by SkyPilot · 82 replies
    Zerohedge ^ | 12 Aug 16 | Mr. and Mrs. Cognitive Dissonance
    When we initially awaken and realize life is not what we were taught, inner alarms scream for our attention. Even though we can sense a danger we didn’t previously perceive, we cannot judge how close it is. There is no scale to measure proximity, only the palpable fear of a real and present danger. Naturally, most of us will desperately grasp for answers. How can this be? What does this mean? What do I do now? And who is to blame? We need answers! Or at least we think we do. As we search for answers, we find there is...
  • People in homosexual ‘marriages’ almost 3 times more likely to commit suicide: study

    08/06/2016 9:45:54 AM PDT · by Petrosius · 81 replies
    Life Site News ^ | August 5, 2016 | Matthew Cullinan Hoffman
    Aug. 5, 2016 (LifeSiteNews.com) – Homosexuals who “marry” each other are almost three times more likely to commit suicide than their heterosexual counterparts, even in very gay-friendly Sweden, according to a study published in the May issue of the European Journal of Epidemiology. The authors of the study noted that social intolerance of homosexual behavior could not so easily be blamed for increased suicide risk, given that Sweden is known for its accepting attitude towards same-sex relationships. “Even in a country with a comparatively tolerant climate regarding homosexuality such as Sweden, same-sex married individuals evidence a higher risk for suicide...
  • The Only Escape From A Global Depression

    07/18/2016 9:02:43 AM PDT · by blam · 28 replies
    The Daily Recokening ^ | 6-29-2016 | Richard Duncan
    Most people are convinced that the government is a drag on the economy, that it should not be allowed to spend any more money. They believe that we’ve spent far too much as it is. Therefore, they believe we must pay for our sins and spend less. It’ll be tough for a few years, they admit. But soon we’ll be back in the laissez-faire garden of Eden. That argument is dangerously wrong. It’s like someone taking a hot air balloon high up in the sky, then suddenly panicking because he’s too high. So he decides to turn off the hot...
  • Peter Schiff Warns About the "Worst Economic Downturn Including the Great Depression"

    07/12/2016 9:26:25 AM PDT · by Academiadotorg · 32 replies
    Accuracy in Academia ^ | July 12, 2016 | Alex Nitzberg
    The Federal Reserve's monetary policies have manufactured a "super bubble" that " … may give us the worst economic downturn including the Great Depression," economist Peter Schiff declared during an interview with Accuracy in Media. He explained that low interest rates prop up the government’s feckless fiscal policies and generate " … really systemic structural problems in the economy … " that “manifest themselves in bubbles that then burst." " … the Fed’s policy does not work and has not solved our problems, it has simply exacerbated our problems, and … we're gonna have a currency crisis, we're gonna have...
  • Berkeley Economist Stumbles on Pretend Economy in U. S.

    07/11/2016 7:53:35 AM PDT · by Academiadotorg · 26 replies
    Accuracy in Academia ^ | July 11, 2016 | Malcolm A. Kline
    Berkeley economist has stumbled on a trend an increasing number of Americans experience annually: We’ve had a pretend economy in the United States for at least 16 years. "Bottom 99% incomes grew by 3.9% from 2014 to 2015, the best annual growth rate since 1999," Emmanuel Saez wrote in a paper on June 30, 2016. A trio of researchers from the International Monetary Fund was much less oblique in a paper that they wrote last month on "the rise of income polarization — what some have referred to as the 'hollowing out' of the income distribution — in the United...
  • This economist thinks China is headed for a 1929-style depression

    07/05/2016 7:54:53 PM PDT · by TigerLikesRooster · 33 replies
    This economist thinks China is headed for a 1929-style depression î ƒin World Economy News î …04/07/2016 Andy Xie isnÂ’t known for tepid opinions. The provocative Xie, who was a top economist at the World Bank and Morgan Stanley, found notoriety a decade ago when he left the Wall Street bank after a controversial internal report went public. Today, he is among the loudest voices warning of an inevitable implosion in China, the worldÂ’s second-largest economy. Xie, now working independently and based in Shanghai, says the coming collapse wonÂ’t be like the Asian currency crisis of 1997 or the U.S. financial meltdown...