Great Debasement
The "Great Debasement" (1542-1551) occurred when the English Crown reduced the gold and silver content in its coins, saving the government money. The name "Great Debasement" was…
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 Divider
Entry in progress -- B.P. Urban DictionaryThe great dividerA term used to describe President Obama. Before coming to office he said he was going to unite the nation, yet all he has done since is…
Great Mistake of 1898 (Brooklyn view of New York City unification)
New York City was consolidated in 1898; Brooklyn went from a city to just one of five boroughs. Many Brooklynities were against the consolidation and called it the "Great Mistake of…
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 Orange Satan (Daily Kos nickname)
The Daily Kos is a progressive political blog, founded in 2002 by Markos Moulitsas. The blog gets its name from the second syllable of the name "Markos." The website uses the color…
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 Replacement (Grand Replacement)
French writer Renaud Camus has spoken since 2010 about the "Great Replacement" -- Muslim immigration into France that destroys the French culture, replacing France with a Muslim nation.…
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 Resignation (workers leaving jobs during Covid-19 pandemic)
Entry in progress -- BP Wikipedia: COVID-19 pandemicThe COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing pandemic of coronavirus disease 2019 (COVID-19) caused by severe…
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 Right Hope (Great White Hope)
Jack Johnson (1878-1946) became the first black world heavyweight boxing champion in 1908. On July 4, 1910, former champion Jim Jeffries (1875-1953) un-retired to fight Johnson. Jeffires was called…
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…