Report title: INTERNATIONAL:History suggests downturn not depression
from Oxford Analytica
1105 word report published Apr 07, 2008

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Abstract: The boom/bust cycle in asset prices typifies the present downturn, as it did the Great Depression. This has led to suggestions that the world economy could operate far below capacity (ie with high unemployment) for an extended period -- as it did in the 1930s.

Brief Excerpt: INTERNATIONAL: ####s redux?INTERNATIONAL:History suggests downturn not depression The risk that the current credit crisis will trigger a depression reminiscent of the early ####s. The boom/bust cycle in asset prices typifies the...

Source: Oxford Analytica
Country / Region: East Asia, International, United States
Topic: economy, banking, fiscal, foreign investment, foreign trade, government, growth, monetary, policy, prices, property
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GEOGRAPHIC REGIONS : East Asia, International, United States
 
TOPICS : economy, banking, fiscal, foreign investment, foreign trade, government, growth, monetary, policy, prices, property
 
SIGNIFICANCE : The boom/bust cycle in asset prices typifies the present downturn, as it did the Great Depression. This has led to suggestions that the world economy could operate far below capacity (ie with high unemployment) for an extended period -- as it did in the 1930 

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