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Could the Great Depression happen again?

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That's how bad the Great Depression was. Could it happen again? In a 2011 CNN poll, nearly 50 percent of Americans believed it could. They thought it would happen within a year. Fortunately, they were wrong. But many people are still worried about a depression reoccurring. read more

In a 2011 CNN poll, almost 50 percent of Americans believed it could. They thought it would happen within a year. Fortunately, they were wrong. But many people are still worried about a depression reoccurring. Others are convinced we are already in a depression. They just can't see where the drive for growth will come from. read more

Sep 17, 1998 Jeffrey D. Sachs CAMBRIDGE: With the remarkable financial turbulence of recent months, many people are asking whether the world could somehow blunder into global recession or even global depression. read more

The Great Crash of 1929, however, is used to refer to more than three years of economic misery. While the crash of 1981 almost doubled the single-day loss of Black Tuesday and several subsequent crises have shed more market value, the crash of 1929 encompasses the many crashes, slides and general misery that followed during the Depression years. read more

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