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INSANE: Great depression news topic - The Real Truth

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

The numbers aren't on Trump's side.

We Got This Covered

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."

Fortune

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…

The Conversation

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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…

Everybody Loves Your Money

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.

Capital & Main

‘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.

The Mary Sue

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.

International Business Times UK

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.

Benzinga

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...

GOBankingRates

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

The Independent UK

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34 Rare Photos That Bring The Great Depression Era To Life Like Never Before

These 33 images offer a raw, unfiltered look at how ordinary Americans faced extraordinary hardship with remarkable resilience.

Benzinga

Trump Warns of New 'Great Depression' if Courts Block His Tariff Plan: 'It Would Be 1929 All Over Again'

President Donald Trump is warning of potential economic fallout if his extensive tariff policy is overturned, hinting at a new Great Depression.

The Independent UK

Donald Trump’s latest Liberation Day means another dark day for America

THE INDEPENDENT VIEW: Editorial: The US president’s latest round of protectionist tariffs will prove as damaging to global trade and economic growth as those imposed in the 1930s, which exacerbated the Great Depression. Everything he does seems only to weaken his country’s power and prosperity

Benzinga

Bitcoin Could Go To $300,000 Before 'Great Depression' Crisis, Traders Argue

Bitcoin's (CRYPTO: BTC) current bull run is alive and well, and unless the price drops below $74,000, short-term pullbacks are irrelevant, according to market commentators.

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GOBankingRates

5 Tips From Robert Kiyosaki To Save You From Financial Disaster

Robert Kiyosaki, famed author and financial expert, offers plenty of advice on financial success. Here are his top tips to keep you from financial disaster.

The Independent UK

Poll finds when was the greatest time to be American - Gen X and Elder Millennials rejoice!

The worst time to be alive was during the Civil War or the Great Depression, according to the survey

The Independent UK

Australia’s re-elected government says ‘dark shadow’ of US-China trade war top priority

Albanese claims victory as first Australian prime minister to clinch a second consecutive term in 21 years

AAP

Libs channel Labor's unfriendly ghost, Jim Scullin

A first-term government has not been kicked out of office for almost a century but Peter Dutton is hoping comparisons with the 1931 election will resonate.

Evening Standard

Trump tariffs chaos will blow huge hole in US economy and hit UK hard, says IMF in damning report

‘The US effective tariff rate surged past levels reached during the Great Depression,’ say the leading economists

The Conversation

Tariffs and trade wars: here’s what Trump is failing to learn from the Great Depression

Imagine waking up in 1932, in any US city. Upon ordering your morning coffee, you realise that its price has doubled since last year. This isn’t because of a coffee shortage, but rather because new trade barriers have caused the price of importing Colombian coffee beans to shoot up. The…

Reason

The Tariff Madness Isn't Over

Even after Trump paused some of his new tariffs for 90 days, we still have the highest average tariffs in over a century and the biggest trade war since the Great Depression. Real relief will only come if Congress or the courts deny Trump the power to do this.

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