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INSANE: Great depression news topic - The Real Truth

Meet the CEO whose century-old company never laid off employees through the Great Depression, the recession, or Covid

The company even mapped out employees' zip codes to help choose a location for a larger facility with more digestible commute times.

Fortune

During construction of the Golden Gate Bridge, engineers used aerial cable spinning, completing the main cables in six months and nine days before the bridge opened in 1937

In 1935, crews expertly spun thousands of wires over the Golden Gate Strait, fashioning the iconic bridge's main cables in an astonishing timeframe of under seven months. Amidst the challenges of the Great Depression and using only fundamental tools, they executed this bold engineering venture, rigorously enforcing safety protocols to…

The Economic Times

In 1933, Herbert Hoover donated Rapidan Camp to the federal government for Shenandoah National Park; today, the former presidential retreat sits less than 90 miles from Washington, DC

In 1933, Herbert Hoover gifted his serene Rapidan Camp to the federal government, leading to its integration into Shenandoah National Park. This idyllic retreat served not only as a fishing haven but also as a venue for presidential affairs. The National Park Service has since rejuvenated the historic cabins, offering…

The Times of India

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I have 5 theories about ‘IT: Welcome to Derry’ season 2 — and they get pretty wild

Here are five wild theories about where “IT: Welcome to Derry” season 2 could take Pennywise, Derry and its dark history.

Tom’s Guide

Pennywise the Dancing Clown set to return as HBO renews IT: Welcome to Derry for Season 2: Story, release timeline and what to expect

HBO has announced the renewal of 'IT: Welcome to Derry' for its second season, taking audiences back to 1935 amidst the Great Depression. This season will delve into the chilling Bradley Gang massacre and Derry's gruesome past, with Pennywise the Dancing Clown likely to make a comeback, possibly featuring Bill…

The Economic Times

In the 1920s, New Zealand sent prisoners to plant a barren volcanic plateau, laying the foundation for today’s 205,000-hectare forest

New Zealand transformed barren land into Kaingaroa Forest using prisoner labor. Unemployed men later joined the extensive tree-planting efforts during the Great Depression. This project successfully established the nation's largest planted forest and a significant Southern Hemisphere resource. The forest now supplies millions of cubic meters of logs annually for…

The Times of India

After losing his savings in the Great Depression, Japanese immigrant George Masa kept hiking the Smokies with a homemade measuring wheel; his photographs helped build support for a national park

George Masa, a dedicated Japanese immigrant, played a vital role in preserving the Smoky Mountains through his detailed mapping and photography. His stunning images showcased the area's natural wonders, garnering support from influential advocates like John D. Rockefeller Jr. Even as he faced financial ruin during the Great Depression, Masa…

The Times of India

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From the Great Depression to Japanese-American internment, Dorothea Lange's camera bore witness to some of the darkest moments in US history

A forthcoming retrospective celebrates one of the most morally urgent photographers of the 20th century

Digital Camera World

Guide to the classics: John Steinbeck’s East of Eden has always been controversial

John Steinbeck is now most famous as author of The Grapes of Wrath (1938), a novel about agricultural workers displaced from Oklahoma during the Great Depression. But he regarded East of Eden (1952), a saga depicting the lives of two Californian families, as his favourite and most significant work.

The Conversation

I won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies me

The historian behind Lords of Finance has a warning for Silicon Valley: He's seen these numbers before — and they didn't end well.

Fortune

Jeremy Grantham Warns Of Brutal Market Crash — Says Collapse Could Rival The Great Depression

Jeremy Grantham warns of a 'super-bubble' in the US stock market, suggesting a severe correction could occur. He highlights high valuations, AI-driven market surges, and political uncertainties as key factors.

International Business Times UK

No, FDR Did Not Pull America Out of the Great Depression

"The New Deal made investment in America a risky project," says economist Donald J. Boudreaux, author of The Triumph of Economic Freedom.

Reason

Fear is the aphrodisiac in Fiona Kelly McGregor’s new novel The Trap

Fiona Kelly McGregor’s The Trap follows her successful novel Iris (2022), set in the criminal underworld of Sydney during the Great Depression.

The Conversation

The Great Emu War of 1932: How 20,000 flightless birds outsmarted the Australian army

In 1932, the Government of Australia entered into an unconventional 'war' with an unexpected adversary, namely, a large population of approximately 20,000 emus, as reported in Australian Geographic. The emus would migrate from their traditional migratory range to the wheat-growing region of Western Australia after the economic collapse of the…

The Times of India

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We Got This Covered

Donald Trump stands alone as policies signal the worst GOP backlash since Great Depression

The numbers aren't on Trump's side.

Fortune

More people are moving out of the U.S. than moving in for the first time since the Great Depression—a bad omen for the $38.8 trillion national debt

How Trump’s immigration crackdown could erase “the most potent fiscal engine this country has ever seen.”

Fortune

Ryan Serhant thinks the American Dream was just a 'slogan created by banks,' but it was really about FDR, the Great Depression, and an economic crisis

"It’s like student debt. Everyone needs to go to college. It was a device to create interest payments on student debt."

The Conversation

Ruled by engineers: how China gets things done, leaving the US in the dust

In modern times, the world’s most powerful and influential states have also had the largest economies. When the United States overtook Britain in the early 20th century, it was only a question of time before it assumed international political leadership too. Indeed, the failure to assume this role is widely…

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Everybody Loves Your Money

What It Cost to Live in 1930 — And How That Compares to Today’s Rent

Step into a world where a loaf of bread cost less than the spare change in your car and rent prices wouldn’t make you question every life choice you’ve ever made. The year is 1930, and while the Great Depression was tightening its grip on nearly every household, the cost…

Capital & Main

Congress Could Get Millions of People Off of SNAP by Raising the Minimum Wage, but It Hasn’t — for 16 Years

1 in 8 people rely on federal food aid that has become a pawn in the government shutdown.

The Mary Sue

‘I did this for the world’: Delusional Donald Trump claims his insane tariffs saved the ‘entire world’ from a depression

Amid the Supreme Court hearing, Donald Trump claimed that his tariffs saved the entire world from a depression. It’s the new peak of his economics-by-ego, because neither the data nor basic trade math backs him up.

International Business Times UK

Trump Administration Slammed for Cutting Food Aid: 42 Million Americans Face Hunger Crisis

Nearly 42 million Americans could lose SNAP benefits on November 1, raising fears of a hunger crisis said to rival that of the Great Depression.

Benzinga

From 1929 To Dot-Com, Why This Euphoria Could End In Ashes

Equity markets are once again in a euphoric run, with comparisons being drawn to two historic episodes of excess: the dot-com bubble of the late 1990s and the Roaring Twenties preceding the Great Depression.

GOBankingRates

Retirement Planning: 9 Moves To Make If You’re Worried About Economic Downturns

Whether you lived through the Great Depression or have been on the edge of your seat through the Great Recession, planning for retirement is challenging in any environment, but especially during times...

The Independent UK

Robert Redford embodied an American ideal, and often lived the part, too

Born during the Great Depression with sun-kissed California looks, Robert Redford never failed to epitomize something quintessential and hopeful about the American character

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