Recent economic projections from Federal Reserve officials had shades of "Stagflation-lite," in the words of one economist, a ...
The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.
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Several factors led to the Great Depression, one of the most severe economic crises in U.S. history. NPR interviewed economists who discussed the... President Trump's new tariffs on Canada ...
Known as the Great Depression, this economic crisis was noteworthy in terms of both its length and its severity. There had never been anything like it before, and hopefully, there never will be again.