The recession of 2008-2009 was in many ways the worst macroeconomic event in more than half a century.

Name: The recession of 2008-2009 was in many ways the worst macroeconomic event in more than half a century.
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The recession of 2008-2009, also known as the Global Financial Crisis, was indeed the worst macroeconomic event since the Great Depression of the 1930s, causing widespread economic downturn, high unemployment rates, and significant financial distress globally.

The Recession of 2008-2009 Was in Many Ways the Worst