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A depression is a situation of self-fulfilling pessimism.

“A depression is a situation of self-fulfilling pessimism.” quote by Joan Robinson
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“A depression is a situation of self-fulfilling pessimism.”

Joan Robinson

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Depression can be caused by believing negative outcomes, which then become reality.

In simple terms: Pessimism can create the very situation it predicts.

Key Takeaway

Challenge negative expectations.

Themes

psychology economics mindset

Mood

reflective serious

Type

philosophical motivational

When to use this quote

  • personal finance
  • mental health
  • policy making
  • business strategy

Key Concepts

self‑fulfilling prophecy cognitive bias

Questions to Reflect On

  • How do your thoughts shape your circumstances?
  • Can optimism improve economic outcomes?
A Different Perspective

Optimism and structural support can counteract pessimism.

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