The recession has been the steepest economic downturn since the Great Depression. The Recession of 1937 was a temporary downturn. The property losses resulted in a major regional economic downturn. The S&L crisis lasted well beyond the end of the economic downturn. The economy has collapsed, causing shortages of basics goods, economic downturn and hyperinflation since 2017. This in turn led to an economic downturn and unemployment. The post-2008 Irish economic downturn was also unusually steep. The end of the communist period marked the beginning of a sharp economic downturn. Official statistics showed a drop in most crimes coinciding with the economic downturn. Redmond experienced an economic downturn in the 1920s. The authors conclude that Congress should consider similar relief for the current economic downturn. During the Mexican economic downturn before its recovery in 1985, Slim invested heavily. Measures to weather the economic downturn are being investigated by the city. It is set during the post-2008 Irish economic downturn. Chile began to experience a moderate economic downturn in 1999.