Tag Archives: Economic Recession

today’s birthday: Helmut Schmidt (1918)


Helmut Schmidt (1918)

Schmidt is a German Social Democratic statesman who was the chancellor of West Germany from 1974 to 1982. His administration was characterized by a tough approach to the worldwide economic recession of the era. He was committed to improving relations with East Germany and the USSR, and he succeeded in cultivating ties with France, encouraging economic cooperation among western European nations, and maintaining close relations with the US. Why was he the subject of a police inquiry in 2008? More… Discuss

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health and environment: Recession Responsible for 10,000 Suicides


Recession Responsible for 10,000 Suicides

Researchers are attributing an uptick in suicides in North America and Europe to the recent economic crisis. An analysis of data from 24 European countries, the US, and Canada attributes 10,000 suicides to the recession. It is perhaps not surprising that unemployment, losing one’s home, or being in debt drives some to take their own lives, but it is interesting to note that this is not the case everywhere. Austria, Sweden, and Finland showed no increase in suicides. All three invest in programs that help people return to work, suggesting that there are ways to mitigate the psychological burden brought on by economic troubles. More…