1. Many economic historians say the line between recessionand depression is crossed when unemployment rises above 10% and stays there for several years.
许多经济历史学家说，如果失业率升至10%以上并持续数年，衰退就演变成了萧条。
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2. If confidence and credit continue to dry up, a near-certain recession will become a depression, a calamity for everybody.
如果市场信心与信用持续枯竭，目前的衰退将演化为萧条，这对每个人都是灾难。
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3. THE lesson of the financial crisis and its Great Recession, which needs to be taught, is the one President Roosevelt drew in the Great Depression—the economic fear to fear is fear itself.
4. Widespread defaults in the periphery would wipe out a big chunk of Germany's wealth and begin a chain of bank failures that could turn recession into depression.
外围国家的大面积违约将会抹掉德国的大量财富，并引起一连串银行倒闭，从而让衰退进入萧条。
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5. Another important implication of this distinction between a recessionand a depression is that they call for different policy responses.
衰退和萧条的区别还有个重要特点，它们所需要的应对政策有所不同。
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6. Yet while depression will be avoided, recession will not and recovery will be more gradual than many commentators hope.
然而，大萧条可能可以避免，但是经济衰退却无法阻止而且经济复苏比许多评论家希望的要更加艰难。
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7. No recession or depression will make a lasting change in consumers’ passions to use energy, make money and buy new technology — and that, believe it or not, is good news, because...
8. Even during the early years of the Great Depression, manufacturing workers actually saw their real wages rise, and wage cuts have been scarce in every recession since.
即使在上世纪的大萧条时期，产业工人的工资也是在上涨的，在衰退时减薪是罕见的。
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9. These stopped the spiral of declining asset prices, credit withdrawals and bank failures that had threatened to turn a recession into a depression
这些措施阻止了资产价格的螺旋式下降，银行挤兑以及有可能将经济衰退变为萧条的银行倒闭。
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10. These stopped the spiral of declining asset prices, credit withdrawals and bank failures that had threatened to turn a recession into a depression.
11. Instead, many commentators jumped on the likelihood of a double-dip recession and started drawing comparisons to the Great Depressionand the slump that began in 1937.
但许多评论家集中讨论起经济二次衰退的可能性，并开始与上世纪大萧条及1937年开始的市场暴跌做对比。
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12. If households sharply cut spending and save more, the recession becomes a near-depressionand the ensuing fall in income further increases the debt-to-income ratio.
如果家庭急剧削减开支并储蓄更多，衰退将成为一场准萧条，而且随之而来的收入下降会进一步增加负债比。
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13. No wonder, then, that the spectre of the worst recession since the Depression led many to fear another descent into protectionism and a similar decline in trade.
因此自然而然，这次自大萧条以来最严重的衰退使许多人担心，贸易额将再次下降，保护主义又会归来。
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14. Over-identification with work is one of many culprits in the epidemic of recession-related anxiety anddepression that mental-health providers are reporting.
心理健康专家表示，对工作的过分认同是经济萧条时期焦虑和沮丧情绪大肆流行的众多原因之一。
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15. The recession began against a backdrop of price stability-as did America's Depressionand Japan's lost decade.
目前这场经济衰退是在价格稳定的背景下发生的——美国的大萧条和日本失落的十年同样如此。
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16. As far as the recession is concerned, I see a renewed interest in the Great Depression, more generally toward looking back in history and considering other periods of disasters.
至于经济衰退而言，依我看，人们应该重新审视大萧条时期，更为广泛的回眸历史并参照其他时期的经济危机。
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17. What is the difference between a recessionand a depression?
衰退和萧条有什么不同？
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18. Conventional wisdom also dictates that this recession will be longer, deeper and cause more long-term pain than any financial crisis since the Great Depression.
一般看法是，本轮经济衰退的持续时间、影响程度及长期危害都将超过大萧条以来的任何一次经济危机。
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19. Most common is the recognition of four phases: depression, expansion, prosperity, and recession.
最普通的是四个阶段：萧条、复苏、高涨、危机。
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20. Although no two business cycles are alike, they all follow the same pattern of prosperity, recession, depression, and recovery.
尽管各周期不尽相同，但都遵循繁荣，衰退，萧条和复苏四个阶段。
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21. I think back to 1980. We were in the worst recession since the Great Depression, and Japan was on the rise.
回头想想1980年，那时我们正处于大萧条以来最严重的衰退中，而日本正处于上升期。
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22. Recession stays for shorter period of time and leaves a milder impact on the economic system of the country as compared to the depression.
经济衰退持续时间较短，与经济萧条相比，对该国的经济体系影响较小。
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23. 'the Fed has the big guns and has effectively averted a depression or a much more severe recession.' said Diane Swonk of Mesirow Financial.
