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Depression

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  • Recession: CNBC Explains Thursday, 21 Jul 2011 | 12:52 PM ET

    The  U.S. economy has suffered through many recessions in its history. But just what is a recession and how do they come about?  Here are the details in this CNBC explains.

  • Great Depression on Horizon?  Thursday, 2 Jun 2011 | 10:11 AM ET

    John Lonski, Moody's Capital Markets, discusses whether we're headed for a Great Depression.

  • Italy Next to Seek EU Bailout: Wealth Manager Wednesday, 11 May 2011 | 12:31 AM ET
    Piazza Venezia, Rome, Italy

    Italy is next in line to seek a bailout from the European Union and the International Monetary Fund as a 'slow-motion banking crisis' unfolds in the country, Felix Zulauf, President of Zulauf Asset Management said.

  • The Worst Hyperinflation Situations of All Time Monday, 14 Feb 2011 | 9:28 AM ET
    Imagine that during the time it took to drink a cup of coffee, the price of that cup of coffee doubled. Although extreme, this becomes the reality of hyperinflation, where prices change so rapidly that everyday items rise exponentially and money becomes worthless, virtually overnight or even in the course of a working day. Today, inflation has become a major topic of debate in the United States, and although many are concerned about the effects of a devalued dollar on the economy, history shows

    What were some of the worst inflation situations in history and how did they come to be? Click to find out!

  • Bernanke Is Wrong on Quantitative Easing: Author Friday, 14 Jan 2011 | 5:37 AM ET

    Federal Reserve Chairman Ben Bernanke's approach to stopping the financial crisis by printing money is wrong, as the private sector is still unable to pay its debts, Richard Duncan, the author of 'The Dollar Crisis: Causes, Consequences, Cures' wrote Friday.