As Barack Obama gears up to announce Ben Bernanke's successor, the Federal Reserve chairman is expected to make the deeply symbolic gesture this week of announcing the beginning of the end of quantitative easing – the drastic depression-busting policy that has led the Fed to pump an extraordinary $85bn£54bnbn) a month into financial markets.
And despite the novelistic sheen, and the intrinsically dramatic elements of the story being told -- Bishop's drinking binges and eventual infidelity, Soares's drastic descent into depression and suicide -- the book becomes surprisingly sketchy as it progresses.
In addition, other studies have reported a range of adverse health consequences associated with austerity in Greece, including major depression, drastic reductions in spending on mental health and shortages of medicines.
Although it originated in the United States, the Great Depression caused drastic declines in output, severe unemployment, and acute deflation in almost every country of the world.
"But the people who suffer from depression know that sometimes you make drastic decisions to make yourself feel better.
For a start, the banking collapse, followed by drastic measures to stop it leading to a global depression, have made many standard economics textbooks look dated.
Situational depression can develop when you experience a drastic change in your life, be it a major move or the loss of a loved one.
There was the minor issue of supply shocks — as when gold from the New World caused drastic inflation in Spain — and there were repeated panics and depressions in the 19th century.
Romney, however, said that pushing drastic spending cuts during shaky economic times is a prescription for "recession or depression".
5. Global trade suffered a much more drastic fall between 2008 and 2009 than during the first year of the Depression.
