Exact(2)
Television, which has remained strong as print media have lost advertising dollars and readers to the internet, could enter a slump of its own.
That is, they believe that we are about to enter a slump like that of the U.S. in the 1930's, or Japan in the 1990's: an economy that stalls and resists all attempts to jump-start it.
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Iceland entered a slump after its overleveraged financial sector collapsed in the wake of Lehman Brothers' bankruptcy.
When the economy entered a slump, businesses laid off workers and shut down factories — but these negative trends contained their own remedy.
Leisure travel typically enters a slump after Labor Day until Thanksgiving, and the travel industry is hoping to lure travelers with discounts on resort hotels and air fares.
When the economy entered a slump, businesses laid off workers and shut down factories but these negative trends contained their own remedy.
While manufacturing entered a slump, the traditional services such as transport and retailing showed a little more resilience until an economic recession deepened at the end of the 1980s.
For now, both countries remain in danger.Policymakers dismiss the risk of deflation just as in 1990 it would have seemed far-fetched to predict that Japan would enter a deflationary slump that would last for more than a decade.
The American Congress passed a massive $787 billion stimulus package in January and the Bank of England implemented a programme of "quantitative easing" that pumped £200 billion ($330 billion) of new money into Britain's economy.As a result of such measures Western economies emerged tentatively from recession, allaying fears that the world would enter a Depression-style slump.
On the heels of that triumph, Lang's career entered a prolonged slump.
Nationally, the technology sector entered a long slump that continues still.
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Justyna Jupowicz-Kozak
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