Great Default
"Great Default" is a term coined and popularized by the economist Gary North, borrowing "great" from names such as the "Great Depression" and the "Great…
Great Deformation
David Stockman, the Reagan administration's Director of the Office of Management and Budget (1981–1985), announced in 2012 his new book, The Great Deformation: How Crony Capitalism Corrupts…
Great Depression
"Great Depression" is the name for the economically depressed period in the United States beginning with the October 1929 stock market crash and lasting throughout the 1930s. The term…
Great Disconnect (Grand Disconnect)
The "Great Disconnect" (or "Grand Disconnect") occurs when the stock market doesn't reflect economic reality. Gary Shilling, an American financial analyst, wrote in Forbes…
Great Disorder
The term "Great Disorder" has been cited in print since at least 1974 to describe China's Cultural Revolution (1966-1976). Mao Zedong (1893-1976) sought to create "the great…
Great Divergence
The economist Paul Krugman wrote in the first post of his New York (NY) Times blog, The Conscience of a Liberal, on September 18, 2007: "The great divergence: Since the late 1970s the America…
Great Moderation
Entry in progress -- B.P. Wikipedia: Great ModerationIn economics, the Great Moderation refers to a reduction in the volatility of business cycle fluctuations starting in the mid-1980s, believed to…
Great Rebalancing
The financial term "Great Rebalancing" was cited by Newsweek on June 26. 2006: "I think we'll look back and 2006 will seem possibly like the middle phase of what you might call…
Great Recession
"Great Recession" is a variant of the 1930s name "Great Depression." Many writers have called economic dips a "Great Recession," starting about 1974 and continuing in…
Great Reckoning
The financial term "Great Reckoning" was popularized by James Dale Davidson and William Rees-Mogg in their book, The Great Reckoning: How the world will change in the depression of the…
Great Reset
The term "Great Reset" came into popular use after the 2008 financial crisis and is similar to the economic terms "Great Depression" and "Great Recession." Richard…
Great Resist
“You’ll own nothing. And you’ll be happy” is a saying that the World Economic Forum has popularized since 2016, and has been associated with its plans for a Great Reset. Some "Great…
Great Rotation (from bonds to stocks)
The term "Great Rotation" was coined in 2010 by Michael Hartnett, the Chief Global Equity Strategist of Bank of America Merrill Lynch Global Research. Bank of America Merrill Lynch…
Great Shrinkage
David Bianco, Deutsche Bank's Chief U.S. Equity Strategist, was the subject of a Business Insider article on May 28, 2012, "David Bianco: The Stock Market Is Shrinking." Bianco said…
Great Stagnation
The "Great Stagnation" is a term applied to an economy that is not advancing or developing. The economist Lester C. Thurow wrote a piece titled "The Great Stagnation" for the…
Great Unravelling
"The Great Unravelling" is when the financial markets unwind, often with an event such as a crash. American economist and New York (NY) Times columnist Paul Krugman popularized the term…
Great Unrecovery
The United States economy was in recession (often dubbed the "Great Recession") in 2008. Citizens looked to the new presidential administration of Barack Obama for a "Great…
Great Unwind (Great Unwinding)
The financial crisis of 2008 was dubbed the "Great Unwind" or the "Great Unwinding." To "unwind" is a financial term meaning "to close a position" or…
Greater Fool Theory
The "Greater Fool Theory" applies to a mania, such as for internet stocks (in the 1990s) or for real estate (in the 1970s). The investing fundamentals of holding that asset might be poor,…
Greater Recession
The "Great Depression" is the popular name for the economic crisis of the 1930s; the term "Great Recession" has been used since the Great Depression for smaller economic dips,…