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
i tried to break this shit mug but died got reincarnated came back to life and this shitty mug was still there
How many ounces does it hold? I don’t know ask him. HIM!HIM! Fuck him! It’s catchy
Great experience with the Urban Dictionary and ordering my mug. Any concerns that were related to them were received promptly. Overall, it was a great experience
i love this mug its not a mistake ITS A MASTERPIECE
Describes my classmate in school, perfect
I love the cup and I’m certain I’ll be checking with you guys in the future..
*To those looking to purchase, others may criticize your sense of humor.* I love the thug shaker mug! It stands out as a quality desk ornament that all of my co workers are envious of. However, the other world leaders seem to find the thug shaker unfunny and immature for the work place. My wife says she will leave me if she sees it out one more time. I think I may have to give up the thug shaker persona once and for all. Stay strong thugs.
fuck you and your mugs give me a shirt or ill shit on you
Love love love it! Customer service gave me a coupon, let me know that I had to revise the definition when too long, and overall super helpful.
Nice Mug my second Mug. A little staining or photo graphic stain on the side of the cup and shown in the picture. As a result I cannot give a 5 Star Review.
The snarky message on the mug always gets big laughs from guests so I'm now using it as my go-to bourbon glass
Love the coffee mug. Would have been nice to see who had the word accepted into Urban Dictionary printed on the bottom of the mug. As I was the one. "Dusty Dawg" Other than that I love.
fuck ur mugs i want one for free
This mug, much like a cursed relic unearthed from the depths of despair, embodies a cacophony of design flaws and manufacturing mishaps that make one wonder if it was birthed from the darkest corners of incompetence itself. From its deceptively promising exterior, which boasts a color scheme akin to a bruised banana left out in the sun for too long, to its handle that feels more like a medieval torture device designed to punish the unsuspecting hand that dares to grasp it, every aspect of this mug screams "regret." Its material, a sinister amalgamation of recycled nightmares and shattered dreams, leeches a flavor reminiscent of stale coffee mixed with the tears of disappointed souls into whatever liquid unfortunate enough to be poured within its cursed confines. The rim, jagged and uneven like the edge of a poorly forged blade, guarantees that each sip is a perilous journey fraught with the risk of lip lacerations and existential dread. And let us not forget the bottom of this vessel, where the manufacturer's logo is stamped with all the subtlety of a scarlet letter, branding the user as a victim of their own poor purchasing decisions for all eternity. Indeed, this mug serves as a stark reminder that sometimes, in the vast expanse of consumer goods, there exists a dark abyss where quality and utility fear to tread, leaving only disappointment and regret in their wake.
I think it’s funny and the quality is really good. Shipping was pretty fast too.
Arrived exactly on time( as projected) ;( beautiful blue color 💙 as specified) loving it ! ❤️
Loved the mug! It really suits me, my co-workers love it.
Pissah!
nice.
Sent this to my crush now she has a restraining order on me!!!
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