depression
being stuck in the middle of a huge room filled with well-lit doors, yet lacking the motivation to run and open one.
depression by beholdbojangles February 19, 2004
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crippling depression
Crippling Depression takes the will of ice staking away from an organism.
This mental disease, may cause you to say things like, " I HAVE CRIPPLING DEPRESSION!" to your boyfriend/husband
This mental disease, may cause you to say things like, " I HAVE CRIPPLING DEPRESSION!" to your boyfriend/husband
crippling depression by YURI_ON_ICE_FAN_64 April 3, 2017
Great Depression
Great Depression by Nadroj rennerb December 6, 2010
Facebook Depression
That depressed feeling one gets when he sees how great other people's lives are on Facebook compared to his. FD is typically prevalent in teens and adults in mid-life crises.
Shakira McMagnificent's status: Best partyyyy everrrr! Hanging out with my bestiesss all night long then with the boyy tomorrow!!!
Jane Doe (victim of Facebook Depression: *sobs quietly* why isn't my life as exciting as Shakira's?!?! WAAAAH
Jane Doe (victim of Facebook Depression: *sobs quietly* why isn't my life as exciting as Shakira's?!?! WAAAAH
Facebook Depression by BigCharles12 April 13, 2011
crippling depression
"Hey, did you see what Evan had posted?"
"What, his terrible meme about crippling depression?"
"Yeah!"
"What, his terrible meme about crippling depression?"
"Yeah!"
crippling depression by proxyserver May 30, 2016
Rebound Double Depression
When someone breaks up with their partner, and quickly rebounds, subsequently dumping, or being dumped by, the rebound. The person becomes doubly depressed as they didn't properly grieve for the first relationship, so are projecting their feelings onto the rebound break up.
"God, She really needs to get over Stan. They only dated for like three weeks and she's so cut up about it"
"Don't you know, she broke up with her boyfriend of 2 years just before. It's just rebound double depression"
"Don't you know, she broke up with her boyfriend of 2 years just before. It's just rebound double depression"
Rebound Double Depression by Doublydepressed September 19, 2009
depression
*noun*; prolonged economic crisis characterized by drastic (i.e., >20%) decline in output, reduction in employment, and deflation. Other technical conditions include a liquidity trap and "permanent" (i.e., persisting in many sectors for several quarters) failure to reach equilibrium.
Usually the word "depression" (when referring to economics) is used to refer to the Great Depression, although in fact there were eight incidents of a global depression between 1815 and 1922. These were
--- 1815-21
--- 1832-33
--- 1837-44
--- 1854-57
--- 1867-68
--- 1876-79
--- 1893-96
--- 1920-22
In addition, there have been many localized depressions, panics (e.g., the 1907 Panic {USA}, followed by the Mexican Depression of 1908), and recessions.
DIFFERENCE BETWEEN RECESSION & DEPRESSION
The technical distinction between a recession and depression can vary, although economists usually agree on which is which. In Keynesian economics, a depression is defined by the existence of a flat liquidity-money (LM) curve (which means that interest rates have no influence on people's determination to hold their wealth as cash); and/or a nearly vertical investment-savings (IS) curve (which means interest rates have no influence on the willingness of entrepreneurs to expand/continue operations).
In contrast, a recession is a much less drastic event. Interest rates still have influence on investment and liquidity, and there is no deflation. Conventional fiscal policy and monetary policy, combined and in moderate doses, can restore full employment.
Neoclassical economics/New Classical economics defines a recession as a shift in people's income/leisure preferences as the result of a technology shock. The technology shock sharply reduces the returns to labor, so workers are paid less and many withdraw their labor from the market. In a depression, the technology shocks are compounded and cause a permanent change in the production function; large numbers of enterprise are no longer viable.
More generally, a recession involves the downward phase of a routine business cycle; these typically occur every three-seven years. A depression represents a partial collapse of the industrial system, and a comprehensive collapse of the financial system.
Usually the word "depression" (when referring to economics) is used to refer to the Great Depression, although in fact there were eight incidents of a global depression between 1815 and 1922. These were
--- 1815-21
--- 1832-33
--- 1837-44
--- 1854-57
--- 1867-68
--- 1876-79
--- 1893-96
--- 1920-22
In addition, there have been many localized depressions, panics (e.g., the 1907 Panic {USA}, followed by the Mexican Depression of 1908), and recessions.
DIFFERENCE BETWEEN RECESSION & DEPRESSION
The technical distinction between a recession and depression can vary, although economists usually agree on which is which. In Keynesian economics, a depression is defined by the existence of a flat liquidity-money (LM) curve (which means that interest rates have no influence on people's determination to hold their wealth as cash); and/or a nearly vertical investment-savings (IS) curve (which means interest rates have no influence on the willingness of entrepreneurs to expand/continue operations).
In contrast, a recession is a much less drastic event. Interest rates still have influence on investment and liquidity, and there is no deflation. Conventional fiscal policy and monetary policy, combined and in moderate doses, can restore full employment.
Neoclassical economics/New Classical economics defines a recession as a shift in people's income/leisure preferences as the result of a technology shock. The technology shock sharply reduces the returns to labor, so workers are paid less and many withdraw their labor from the market. In a depression, the technology shocks are compounded and cause a permanent change in the production function; large numbers of enterprise are no longer viable.
More generally, a recession involves the downward phase of a routine business cycle; these typically occur every three-seven years. A depression represents a partial collapse of the industrial system, and a comprehensive collapse of the financial system.
From 1929 to 1933 the U.S. price level fell 25 percent. Many economists blame this deflation for the severity of the Great Depression. They argue that the deflation may have turned what in 1931 was a typical economic downturn into an unprecedented *sic* period of high unemployment and depressed income.
N. Gregory Mankiw, William M. Scarth, *Macroeconomics: Canadian Edition*, 2nd ed. (2003) p.318
N. Gregory Mankiw, William M. Scarth, *Macroeconomics: Canadian Edition*, 2nd ed. (2003) p.318
depression by Abu Yahya March 7, 2009