They're no longer traumatized by what was a traumatizing event, the great collapse in 2008.
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Professor BRAD DELONG (Economics, University of California, Berkeley): You don't want to repeat the mistakes of the Great Depression, and the big mistake of the Great Depression was letting the banking system collapse.
We had a situation that -- and if that weren't bad enough, then we had the worst economic collapse since the Great Depression.
The unstable international order was the product of the collapse of the great dynastic empires in 1918-19 and a dysfunctional world economy.
In 1985, during the last great oil collapse, FORBES sought Dawson's wisdom.
It was absolutely just as important to push through Wall Street reform to ensure that the kinds of things that led to the great recession, that led to the near collapse of our financial markets, could not happen again, and that taxpayers would not be on the hook when institutions failed.
It was widely expected the 2001 recession would plunge further into another Great Depression, and the Dow would collapse to 1, 000.
Our financial system teetered on the brink of collapse and the threat of a second Great Depression loomed large.
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But since a great collapse in 2007 the figure has been closer to 4.3m square kilometres.
Obama won Florida by nearly three percentage points in 2008, but the Great Recession and the devastating housing collapse have left Florida voters in one of the most economically troubled regions of the country.
Monday marks the 83rd anniversary of the onset of the worst economic collapse in the history of the modern world: the Great Depression.
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The housing collapse, followed by the Great Recession, and continuing high rates of unemployment have been particularly detrimental to young households.
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And it's just inconceivable to us that an economic plan for the future would contain within it the elimination of reforms that would prevent the kind of financial protector collapse that we saw that created the greatest recession since the Great Depression.
He was elected in the midst of the worst recession since the Great Depression, the terrible job losses, the shrinking of the economy, the potential collapse of the financial sector.
When the government called off the Great Western bidding process it said it wanted to re-evaluate it following the high profile collapse of the West Coast mainline deal a few months before.
And then we saw that house of cards that had been built up collapse in the worst recession since the Great Depression, and millions of innocent Americans, including folks here in Colorado, lost their homes and their jobs, their life savings.
If all this sounds familiar, that is because it is - to a great extent - a re-run of the collapse of Ireland's banks.
The entire firm came around to believing the great mortgage bubble was a house of cards ready to collapse, based on delinquencies, no-doc loans, fraud, and more.
These beggar thy neighbor policies led to the collapse of world trade and capital flows during the Great Depression.
And in June of 2006, interest rates at 5.25% triggered a collapse of the residential property market and brought about the Great Recession.
Mr Kirchner set great store by defying the IMF, which he blamed for the 2001 collapse.
In the year before I was President, this industry lost more than 400, 000 jobs, and two great American companies, Chrysler and GM, stood on the brink of collapse.
But if that great ship called the eurozone does hit the iceberg, and there is a calamitous collapse in markets and economy, nothing else would feel terribly important at that fateful moment.
"The great thing about conspiracy theories is you just let them go on and on, until they collapse under their own weight, " he said.
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More recently, theorists of the bubble variety have suggested that the collapse of the alleged housing "bubble" ushered in the worst recession since the Great Depression.
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