A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

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Entry from July 25, 2011
Greatest Depression

The period from 1929 until the end of the 1930s has been termed the“Great Depression,” but some have also called it the “Greatest Depression.” The modern term of “Greatest Depression” refers to a depression even more severe than the “Great Depression.” Gerald Celente, founder of the Trends Research Institute, has popularized the term “Greatest Depression” since the financial crisis in the fall of 2008.

The term “Greatest Depression” has been used because the United States has vastly more debt in the 2000s than it had in 1929. Also, there are fewer agricultural workers in the 2000s than there were in 1929, making subsistence more difficult.

Another term used for the post-2008 “Great Recession” period has been the “Greater Recession.”


2 January 1931, New York (NY) Times, pg. 6:
BENNETT OF CANADA
HAILS WORLD AMITY
Prime Minister in New Year’s
Radio Talk Sees Test of
Depression Being Met.

(...)
“We all have suffered, but we have all survived the greatest depression of which this old world has record.”

18 February 1931, New York (NY) Times, “One Veteran Deprecates Efforts to Embarrass the Government” by A. R. Koppen, pg. 20:
Just now, with the world suffering from the greatest depression in over a decade, the paramount issue before the lawmakers of this land is the question of deciding how much money they will legislate to pay to the World War veterans in the way of a loan on their adjusted service certificates.

Google News Archive
27 February 1932, Pittsburgh (PA) Press, pg. 11, col. 2:
Henry Ford, Magic Man of River Rouge, Shows New Eight
With Which He Hopes To Conquer Greatest Depression

By RAYMOND CLAPPER

OCLC WorldCat record
America’s greatest depression, 1929-1941
Author: Lester Vernon Chandler
Publisher: New York, Harper & Row [1970]
Edition/Format:  Book : English

OCLC WorldCat record
The great bu$t ahead : the greatest depression in American & UK history is just several short years away
Author: Daniel A Arnold
Publisher: [United States] : Vorago US, ©2002.
Edition/Format:  Book : English : 2nd ed

OCLC WorldCat record
The greatest depression of all time : will America survive this time & what can you do about it
Author: Don Braby
Publisher: [United States : s.n.], ©2008.
Edition/Format:  Book : English

Google Groups: newslog
Code Red Emergency:
Survival Measures Required
9-29-8
RHINEBECK, NY 29 September 2008—The Greatest Depression has begun. Conditions will drastically deteriorate. We urge you to consider taking proactive and protective measures to secure your future before it’s too late.
(...)
Gerald Celente
Founder/Director, The Trends Research Institute
Publisher, The Trends Journal
E-mail: gcele...@trendsresearch.com
Website: http://e2ma.net/go/1368276962/1246858/45783752/goto:http://
http://www.trendsresearch.com/

World of Wallstreet
December 30, 2008
Best Of The Podcasts: Gerald Celente’s Greatest Depression
http://www.howestreet.com/index.php?pl=/goldradio/index.php/mediaplayer/1065
Pretty good on enumerating the downsides for the US and World Economy this year. Had the catchiest phrase of the week: “Use it up, wear it out, make it do, do without.”, an example of 1930s frugality that Celente forecasts making a comeback.

The Daily Reckoning (Australia)
The Greatest Depression
By Gerald Celente • May 7th, 2009
About the Author: Gerald Celente is founder and director of The Trends Research Institute, author of Trends 2000 and Trend Tracking (Warner Books), and publisher of The Trends Journal. He has been forecasting trends since 1980, and recently called “The Collapse of ’09.”
On average, world trade fell 31 percent in January 2009. To varying degrees, recession and depression gripped globally.

CBS News
July 31, 2009 5:47 PM
Obama: Economy Back from the “Precipice”
(...)
COMMENTS
by underdogus09 July 31, 2009 7:20 AM EDT
By 2012, even those in denial and still clinging to hope will be forced to face the truth. It will be called “Obamageddon” in America. The rest of the world will call it “The Greatest Depression.”

The Market Oracle
Good Times ahead, or Beginning of the Greatest Depression?
Economics / Great Depression II
Oct 18, 2009 - 07:08 AM
By: Mac Slavo
(...)
IMHO, we are already in the Greatest Depression. Good times will not be returning any time soon.

OpEdNews
June 16, 2011 at 03:24:58
Dismissively Ignoring Hard Times
By Stephen Lendman
(...)
Trends expert Gerald Celente calls it “the greatest depression,” warning months ago that when anger erupts, unrest will cause governments to “take draconian measures to prevent total economic collapse and panic.” Nonetheless, he expects massive bank failures, bank runs, and a bank holiday, preventing easy access to deposits as dire conditions worsen.

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Monday, July 25, 2011 • Permalink