An economic recession, marked by inflation and rising prices, hurt the towns and the small farmers.
The developed world can grow out of its debt burden, inflate the debt away or fall back into recession, marked by occasional defaults.
And this fascination spills over into the way he constructs the space of his pictures – not as a gradually diminishing thing, its recession marked by a progressive change of colour, but as a series of discrete planes, each quite distinct from the one beyond it.
And yet, most sectors of the market by now seem properly hair-cutted for a fairly deep recession, marked down to intrinsic value.
Richard Koo, chief economist for Nomura Research Institute, says the U.S. is in a balance sheet recession, marked by deflation and deleveraging that will crimp investing and spending for a decade or more.
With the help of free-market think tanks, the state legislature used its one-party rule to pass a flurry of legislation aimed at the state's prolonged great recession marked by auto industry flight and compounded by the 2007 housing market crash.
Javier Lozano, Mexico's labour secretary, believes that the pre-recession mark of 4.1% will not be matched within the term of this government or the next (ie, before 2018).
The recessions mark the beginning of a new business cycle.
The largest emerging markets are recovering fast and starting to think the recession may mark another milestone in a worldwide shift of economic power away from the West.
It forms part of the growing body of evidence, which I described in an article on Tuesday, that the recession may mark an enduring shift in the geography of American growth.
If banks were to undergo a recession and mark to market their holdings of bonds issued by Greece, Ireland, Portugal, Spain and Italy, they would need more than €300 billion in capital (see chart).Banks have several options for boosting their capital ratios.
