TY - BOOK AU - Gupta R.K. TI - Economic recession and impacts SN - 978-93-80833-71-2 U1 - 338.54 23 PY - 2012/// CY - New Delhi. PB - Global Publications N1 - 1.Economic disaster in world 2. Devolution and economy 3. Economic crisis in budget 4. Inflation and effects 5. Deflation and impacts 6. Disinflation and hyper inflation 7. Debt service coverage ratio 8. Mortgage market 9. Cost of living index 10. Gold price and inflation 11. Consumer price index 12. Overproduction and financial crisis N2 - Prior to 18th century, non-economic reasons such as wars and famines led to economic depression. In the modern times, reduced consumer demand has been a major reason for such depressions. The current economic depressions id characterized by serious issues that wont disappear quickly. With the stock market and housing market bubbles bursting, millions of people have become insolvent and balance sheets have gone bust ER -