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Economic collapse, also called economic meltdown, is any of a broad range of poor economic conditions, ranging from a severe, prolonged depression with high bankruptcy rates and high unemployment (such as the Great Depression of the 1930s), to a breakdown in normal commerce caused by hyperinflation (such as in Weimar Germany in the 1920s), or even an economically caused sharp rise in the death ...
Iceland fell into an economic depression in 2008 following the collapse of its banking system (see 2008–2011 Icelandic financial crisis). By mid-2012 Iceland is regarded as one of Europe's recovery success stories largely as a result of a currency devaluation that has effectively reduced wages by 50%--making exports more competitive.
Several major U.S. economic variables had recovered from the 2007-2009 Subprime mortgage crisis and Great Recession by the 2013-2014 time period. The recession officially ended in the second quarter of 2009, [3] but the nation's economy continued to be described as in an "economic malaise" during the second quarter of 2011. [80]
In this segment of The Motley Fool's finance-focused show, Where the Money Is, Alison Southwick and banking analyst Matt Koppenheffer reach into the mailbag to answer the following reader question ...
In prime time and total day ratings for the week of April 15 to 21, 2013, Fox News, propelled by its coverage of the Boston Marathon bombing, was the highest-ranked network on U.S. cable television, for the first time since August 2005, when Hurricane Katrina hit the Gulf Coast of the United States. [97]
In a Fox News poll conducted during the first two days of the shutdown, 42% of registered voters blamed Republicans for the shutdown (17% blamed 'Republican leaders' and 25% blamed 'Tea Party Republicans such as Ted Cruz'); while 32% blamed Democrats (24% blamed 'President Obama' and 8% blamed 'Democratic leaders'). The rest, 20%, said all ...
2013 Sequestration: A budget sequestration begins in the government. [90] March 5 – The Dow Jones Industrial Average reaches a new record high close of 14,253.77, last set in October 2007, on the back of more positive indicators about the US economy. [91] [92]
2013 was a common year starting on Tuesday of the Gregorian calendar, the 2013th year of the Common Era (CE) and Anno Domini (AD) designations, the 13th year of the 3rd millennium and the 21st century, and the 4th year of the 2010s decade.