Yes, an American recession might spill over to the rest of the world and cause a worldwide recession.

Venous stasis, or venostasis, is a condition of slow blood flow in the veins, usually of the legs.

The everyday consequence for the middle class is a stagnant paycheck and growing job insecurity.

First, the US is experiencing its worst housing recession since the Great Depression, and the slump is not over.

This is especially true now, given that much of the developed world is in the midst of a painful recession.

Stagnant and Paralyzed

Other disarmament machinery and frameworks, including the Conference on Disarmament and the Disarmament Commission, which are currently stagnating, are also facing profound challenges.

I believe that it will have to be in sort of stasis, to the extent that we have agreed to give our full support to the Presidents of the Disarmament Commission to make one last attempt.

China s credit binge is turning into a bust.

Of course, it is not easy to legislate financial reform in a stagnant global economy, for fear of impeding credit and turning a sluggish recovery into a full blown recession.

As the worst recession since the1930 s continues, both the American and Chinese economies are bound to suffer further setbacks.

Without a strategy for growth, which includes efforts to reduce government expenditures and a policy to stop deflation, Japan s economy will remain in the doldrums.

With uncertainty plaguing Europe s finances and China slowing, the last thing the global economy needs is a stagnant or shrinking US economy.

Afterward, capital flows to developing countries stagnated.

Political, social, and economic life stagnated.

Under two plausible scenarios both concerning China the unwinding of global imbalances could cause regional if not global depression.

The world economy has paid dearly for complicity with and silence about the economic policies of the last 15 years, which have culminated in the deepest and most dangerous recession since the 1930 s.

Blood stasis syndrome, or blood stagnation (Chinese Xue Yu ) is an important underlying pathology of many disease processes according to traditional Chinese medicine.

We do not think that this points to a double dip recession.

Banks will not lend if the economy is in the doldrums, and American households will be particularly reluctant to borrow at least in the profligate ways they borrowed prior to the crisis.

Why Small Booms Cause Big Busts

There are also now two reasons to fear a double dip recession.

Cheap imports ameliorate the effects of wage stagnation.

In the United States, since 2001 we've had five years of economic growth, five years of productivity growth in the workplace, but median wages are stagnant and the percentage of working families dropping below the poverty line is up by four percent.

Since the first quarter of 2009, when the US economy was bottoming out after its worst postwar recession, exports have accounted for fully 41 of the subsequent rebound.

But the answer is not to let a collapse in the world s car industry fuel a deeper recession.

In fact, China is emerging in reasonably good shape from yet another global slump.

With uncertainty plaguing Europe s finances and China slowing, the last thing the global economy needs is a stagnant or shrinking US economy.

Stagnating official export activity, due in part to the sanctions on timber exports

Still, given a severe financial crisis, declining home prices, and a credit crunch, the US is facing its longest and deepest recession in decades, dashing any hope of a soft landing for the rest of the world.

If that were to happen quickly, total spending could decline, pushing the economy into a double dip recession.

With incomes stagnant, households were encouraged to borrow, especially against home equity, to maintain consumption.

1001 1200 A.D. (11th and 12th centuries) Even by the year 1000, western Europe remained a backwater compared to other world regions while the population in Constantinople exceeded 300,000, Rome had mere 35,000 inhabitants and Paris only 20,000.

The disease is a protracted balance sheet recession that has turned a generation of America s consumers into zombies the economic walking dead.

The global economy was just emerging from the deepest recession in the post World War II period.

In the early 1990 s, Sweden suffered a huge recession precipitated by a housing bubble and a banking crisis.

Slack labor markets with rising unemployment rates will cap wage and labor costs.

The 2008 crisis was followed by a long, hard recession we should not expect a different scenario now.

The federal government intervenes only in the case of major nationwide recessions and provides some supplementary benefits for the long term unemployed. But this support is given to all states and thus does not provide those most affected with much more support than the others receive.

DAKAR The slump in prices for Africa s natural resources, which led to chronic deficits in the past, has been reversed.

In the US, recession started in December 2007, and will last at least until December 2009 the longest and deepest US recession since World War II, with the cumulative fall in GDP possibly exceeding 5 .

With those debt cancellation operations largely completed, the data are now revealing the stark truth development aid to Africa and to poor countries more generally is stagnant, contrary to all the promises that were made.

So a lot of economists look at declining population and expect to see stagnation, maybe depression.

The increase in some asset prices may, moreover, lead to a W shaped double dip recession.

That will lead to double dip recession, even larger fiscal deficits, and runaway debt.