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Another devastating recession, perhaps?
The Fed pushed interest rates to historically low levels in the aftermath of a devastating recession.
As the country pulls out of a devastating recession, foreign employers could help revive the economy.
Partly this is because the economy has faced a devastating recession that the Fed was meant to prevent.
But after a devastating recession and with animosity toward bankers still running high, Iceland's electorate was not swayed.
Now consider the long view: This is in large part a frightened, angry reflex, fed by a devastating recession.
Similar(9)
Beazley ultimately won back the base, one that had been alienated by the overtly socially progressive, at times elitist tenor of Keating's government, rapid pace of change and outraged by his description of the devastating economic recession of the 1990s as one "we had to have".
There are benefits to having survived the roller coaster of adolescence, the uncertainty of my 20s -- which ended with 9/11 and a war -- and the tough realities of my 30s (marriage, parenthood, a pretty devastating economic recession, more war).
We know about the devastating effects of recession on communities – with some never coming out of recession.
"We will not be able to reverse overnight two devastating years of recession and a decade of declining economic security for the middle class," Alan B. Krueger, the Treasury Department's chief economist, said Friday.
If the United States and Europe are to avoid a devastating and prolonged recession, their policymakers will need to not only put their own economic houses in order, but to support economic growth in the developing world — that is the only place where demand can realistically be sustained in the short run, given the damage that is spreading through Western economies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com