Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Teaching Economics

In the News

Ten reasons why a 'Greater Depression' for the 2020s is inevitable

Graham Watson

30th April 2020

Share this content:

Optimism isn't Nouriel Roubini's stock-in trade judging by this piece in the Guardian.

He predicts a sizeable economic depression, even bigger than the one associated with the global financial crisis.

Why? He identifies a number of factors: rising levels of debt, both public and private sector; demographic change, and ageing populations; deflation; currency debasement; digital disruption, de-globalisation; tensions within democracies; the ongoing China-US standoff; environmental disruption.

It's worth reading! Although you might not agree with all of this.

Share this content:

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

You might also like

IB Economics - Consequences of Deflation

Study Notes

IB Economics - Inflation, Disinflation and Deflation

Study Notes

2.6.2. Demand-Side Policies in the Great Depression and the Global Financial Crisis of 2008

Study Notes

4.2.3.3. Inflation and Deflation (AQA A Level Economics Teaching Powerpoint)

Teaching PowerPoints

2.1.2 Deflation (Edexcel A-Level Economics Teaching PowerPoint)

Teaching PowerPoints

2.5.3 Economic Cycles (Edexcel A-Level Economics Teaching PowerPoint)

Teaching PowerPoints

Update on the UK Economy for Students Taking A Level Economics in 2023

25th March 2023

What is Mass Unemployment?

Study Notes