Is a Second Great Depression inevitable?

Ilikewaterkusa

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Is a Second Great Depression Inevitable?

A Second Great Depression is inevitable with the facts of globally rising inflation, improper monetary policies, global supply chain breakdown, rising crime, and an interconnected world economy in which consequences echo out. The combination of these factors and more have laid to an increasingly frail world market which could very easily spell out a Second Great Depression.
 

Paul_Tromba

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We're already in one and it's too late to do much about it. All we can do is prepare so that it isn't as harsh later on.
 

Blitz

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Didn't it already happen with the Great Recession between 2007-2010? The current state of the world isn't the best at the moment but aren't reaching those levels yet
 

Ilikewaterkusa

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Didn't it already happen with the Great Recession between 2007-2010? The current state of the world isn't the best at the moment but aren't reaching those levels yet
It wasn't really depression level. But it was still bad, but the situation is shaping up to be much worse than that time. Also, I don't think the government this time would try to the bail out from the Great Recession as it would further increase Biden's unpopularity.
 

georgelee5786

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6ur3f9.jpg
 

BearlyAlive

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Maybe we'll avoid it by having WW III. War's good for the economy, it reduces mouths to feed and works wonders against the entitled social media pests.

War would be great if not for people deding each other.
 
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