White House's Romer Says Economy in 'Severe Distress'
Bloomberg
... to the Great Depression, Romer, who leads the White House's Council of Economic Advisers, said today in a speech at the Federal Reserve Bank of Chicago. ...

http://www.bloomberg.com/apps/news?pid=206...id=aU8yfZjaLcqs

The Herald
We're not over recession yet, says bank chief
The Herald
Output is no longer in free fall, the banking system has stabilised, confidence levels have improved, and the risk of a really bad economic depression has ...
http://www.heraldscotland.com/business/mar...-chief-1.922002

Friday papers: Spain slides into full-blown economic depression
Citywire.co.uk
By Himanshu Singh | 03:15:00 | 25 September 2009 * Spain is sliding into a full-blown economic depression with unemployment approaching levels not seen ...

http://www.citywire.co.uk/professional/-/n....aspx?ID=358885