In 1982, during the last major recession, the reverse was true.

You should worry about debt problems and a major recession.

This ended in the mid-1990s when Japan suffered a major recession.

However, the decline resumed with the major recession of 2008-9.

The reasons: in the early 80's the last major recession was on, and jobs were very hard to come by.

This has been to prevent a major recession - which was unsuccessful.

"Over all, this market is a strong component, and I don't see any decrease short of a major recession."

Already the accumulation of lost data and work time would cause a major recession.

And there is only a 30 percent chance of a major recession or depression, he said.

"It will lead to a major recession, if not a depression."