It will not end in a catastrophe like the Great Depression.

FORBES: Time For A Change

Except, if he is right and we really are facing a catastrophe comparable to the Great Depression, it is reasonable to ask whether cutting VAT from 20% to 17.5% is really a match for the occasion.

BBC: Osborne, Balls and the OECD: Where they agree

This highlights one of the great problems with attempting to prevent an antibiotic catastrophe - how much can one country do?

BBC: Analysis: Antibiotic apocalypse

It was the worst financial catastrophe the country has ever experienced and preceded the Great Depression.

FORBES: Bringing Back Glass-Steagall Would Rebuild Shattered Confidence In Wall Street

Even if economic catastrophe is avoided, the financial crisis will impose great costs on consumers, workers and businesses.

ECONOMIST: Shifting the balance

The great strength of American-style obstetrics is in reacting to catastrophe.

WSJ: Healthier Births and Babies��With Midwives

Three quarters of a century after the Great Depression, we are still debating the role government and the Fed played in this catastrophe.

FORBES: A Hayseed Economist Responds To The Times' Bill Keller

Exxon Mobil walked away from its Blackbeard West well when temperatures and pressures became so great that there was fear in the corporate headquarters of another Exxon Valdez type of environmental catastrophe.

FORBES: Davy Jones #1 Well Flow Test Appears Imminent