depression
*noun*; prolonged economic crisis characterized by drastic (i.e., >20%) decline in output, reduction in employment, and deflation. Other technical conditions include a liquidity trap and "permanent" (i.e., persisting in many sectors for several quarters) failure to reach equilibrium. Usually the word "depression" (when referring to economics) is used to refer to the Great Depression, although in fact there were eight incidents of a global depression between 1815 and 1922. These were --- 1815-21 --- 1832-33 --- 1837-44 --- 1854-57 --- 1867-68 --- 1876-79 --- 1893-96 --- 1920-22 In addition, there have been many localized depressions, panics (e.g., the 1907 Panic {USA}, followed by the Mexican Depression of 1908), and recessions. DIFFERENCE BETWEEN RECESSION & DEPRESSION The technical distinction between a recession and depression can vary, although economists usually agree on which is which. In Keynesian economics, a depression is defined by the existence of a flat liquidity-money (LM) curve (which means that interest rates have no influence on people's determination to hold their wealth as cash); and/or a nearly vertical investment-savings (IS) curve (which means interest rates have no influence on the willingness of entrepreneurs to expand/continue operations). In contrast, a recession is a much less drastic event. Interest rates still have influence on investment and liquidity, and there is no deflation. Conventional fiscal policy and monetary policy, combined and in moderate doses, can restore full employment. Neoclassical economics/New Classical economics defines a recession as a shift in people's income/leisure preferences as the result of a technology shock. The technology shock sharply reduces the returns to labor, so workers are paid less and many withdraw their labor from the market. In a depression, the technology shocks are compounded and cause a permanent change in the production function; large numbers of enterprise are no longer viable. More generally, a recession involves the downward phase of a routine business cycle; these typically occur every three-seven years. A depression represents a partial collapse of the industrial system, and a comprehensive collapse of the financial system.
The Urban Dictionary Mug
This helped me figure out what the word meant when my 35 year old father said he would beat my doonies down. For context I am 12.
Great, it was a gift and he loved it
These mugs are great! Great Quality and variety of colors also!
Awesome mugs!
this mug helped me in my deepest times. my son just learnt to poo and i couldnt finnd anything to wipe! :( THIS HELPED ME WIPE. the bois reccomended this and i truly love it. amazing piece. thank you for your time.
Exactly what I was expecting and a great product.
I was very happy in the experience and having a couple modifications made. The support team was very responsive And helpful in making sure it was done and delivered.
looks exactly as I expected -- nicely packaged, also quick service~!
Caring about humanity Those are some pretty bold claims about a mug God. Given your conviction though and the importance second chances (my understanding is that blaspheme can only be committed against God and not a man...don't conflate the two), I'm thinking I'd like to buy one. It's nice to think a pretty simple mug can save a little humanity. I'm just wondering though...if you've ordered lots of mugs (and I reckon you might of) and you've only just seen this one mug...how do you know its going to be a mug that can replace the holy grail? Maybe the mug is really just a simple mug looking for somebody to use it.
Absolutely loved the mug, but it has scratches on it. Regardless, I would order it again!
once i was seven years old and my mama told me "go make yourself some friends or you'll be lonely", so I bought this mug after 9 years to gain friends because i don't have any.
Loved the mug. Took it with me on my truck drive
I wasn't sure if the wording was going to be on the back, but it was, so I am very pleased. Thank you.
i was alone but when since i did buy dis brekind badd muggg my life change very much????
it was great quality, it was superb and i dropped it once, it did not break, highly reccomend
I LOVED IT SO MUCH IT REMIND ME OF ME AND THE MEANS OF MY OLD NICKNAME, TTHANK YOU FOR REMIND ME THAT I IS OLD CROOKED, AND OFF CENTERED. i NJOY YOU THANK. I GIVE EKSTRRA MUNEE, I AM OLD RUSSINA GUY
I was walking to my annual palate's class and some asked me “what colors your Bugatti” I looked this up in confusion and came across this wonderful mug🥰. Best decision I’ve made since divorcing my husband Harold. I now have a black Bugatti.
its been a hard year for a lot of us with covid and divorces and honestly its just been a lot for me. I recently went through a breakup with Greyson and i was looking for a gift to get myelf to cheer me up. Thats when i stumbled on this beauty. Its sleek and modern design is just fabulous. It just what I needed to get through the year. Thank you James!!!
After my divorce i hardly found anything to get me through the day. I was looking to buy some used socks on the internet for the thrill but i bumped into a website made my young adults. I had such a hard time understanding their slang that I almost busted into tears. In the hopes of not being scammed, I decided to Google every single word that I couldn’t quite put my finger on. After surfing through urban dictionary, it didn’t take long enough for me to fall in love with the entire concept and spend more than 90% of my day-to-day life on the website. From dirty words to actual explanations urban dictionary, made me complete and almost made me forget about my divorce. Fuck you, Susan, urban dictionary took your place. Suck on my educated toes. I bet you don’t know what a reckwhore means. LG Benjamin 10/10
LOVE THE MUG MY ONLY COMPLAINT IS THERE IS A TYPO ON IT . IT SAYS ...An insult hurled at a fat "dunk" woman by a redneck drunk man on an episode of Jail. SHOULDNT IT SAY.........An insult hurled at a fat "drunk" woman by a redneck drunk man on an episode of Jail. ??
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