random points

• recession = negative GDP for 2 consecutive quarters, usually accompanied by high unemployment
• recession = "significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in production, employment, real income and other indicators" (Source: U.S. National Bureau of Economic Research)
• depression = prolonged and severe form of recession
• "great recession" = a feel-good term, to avoid comparisons with the calamitous impact of the Great Depression (Source: Amando Doronila, PDI Editorial Consultant)
• 2009 global economic forecast = http://services.inquirer.net/print/print.php?article_id=20081208-176690
• crisis = a crucial stage or turning point in the course of something; "after the crisis the patient (or the economy) either dies (collapses) or gets better"
  (Source: wordnet.princeton.edu)