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Buzzword for the economic collapse of post 9/11 America. Actually started in '01 but peaked around '06-'08 all the while while we were being told that we weren't even IN a recession (until late Nov. '08 when Bush was ousted, hmmm). Symptoms of GR include, but are not limited to, huge pay cuts, massive job losses, homelessness, foreclosures, and a rise in the crime rate.
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