We are NOT anywhere near a depression!

[Skip to the end] Personal Income from 1929-1940 Nothing remotely like this is currently in the cards. It was the last gold standard collapse. The US gold standard was abandoned domestically in 1934. Personal Income from 1940-1945 Nothing remotely like this will happen this time around. World War II deficits exceeded 20% of GDP annually. Currently Personal Income is muddling [...]