In recent months, the investor has boldly stated that the residential construction industry is not in a recession, but rather a depression.
So, not only is manufacturing not down as in usual cycles, it is up quite handsomely for many products, except of course for automobiles, which are not just in a recession but facing a depression.
"I would argue that what we are in at the moment is not a recession, but essentially some kind of depression and it therefore takes something very, very major to get out of it in the same way as it took something major for us to get into it, " he said.
That type of depression did not happen, but our polling finds strong evidence of another kind of depression: a loss of faith in the American Dream.
The answer may not be to call it a depression, but something is needed to get the narrative beyond the obsession with tiny bits of growth or contraction every three months.
This approach helped prevent a new world war and depression, but it did not succeed exactly as Wilson, Roosevelt, or Truman initially envisaged.
Not everyone gets clinical depression as a result of unemployment, but it's a concern, Lang said.
But remember October 1987: a financial-market crash need not bring on a global depression.
Depression is not only a source of terrible personal suffering but also a huge economic burden on society.
Best practice guidelines state that drugs can be offered with a therapy like CBT for moderate to severe depression, but should not be offered for mild cases.
"Primary doctors should be tracking caregivers not only because they're at a great risk for depression, but for other kinds of poor health outcomes, " Gitlin said.
Just imagine how difficult sorting out all the variables that could lead a child or teen to think about committing suicide, but not manifest in clinical depression, will be.
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Mr James does not predict a new depression (there are no fatuous forecasts here), but he denies that you need a global war to get one.
Resourcefulness is a word that was common in the lexicon of our grandparents, those men and women who were adults in the Great Depression and had to make do with very little but found a way to not only survive but sometimes thrive.
But with inflation relatively low and falling, caution may now be more about ensuring that there is not a depression.
Studies have shown that such disconnectedness leads not only to anxiety, depression, and underachievement but also to substance abuse, disruptive behavior, and a host of medical problems in both children and adults.
Finally, a strong middle class can only exist in an economy where everyone plays by the same rules, from Wall Street to Main Street. (Applause.) As infuriating as it was for all of us, we rescued our major banks from collapse, not only because a full-blown financial meltdown would have sent us into a second Depression, but because we need a strong, healthy financial sector in this country.
To market its medicine in a crowded field, Lilly is emphasizing that Cymbalta helps not only with the mental symptoms of depression but also with physical aches and pains that often accompany the disease.
However, the fact that depression is so frequently accompanied by violent rage in young men a rage usually, but not solely, directed at themselves is something we need to acknowledge and understand.
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