The Next Great Depression?

Could the coronavirus lead us into a disaster on the scale of the 1930s?

Depression soup line, 1931.

Three weeks ago, hedge fund bear Kevin Smith declared: “US stocks are in a true mania. They have only just begun to unwind. This is 1929.”

“This is 1929” means two distinct things — a market crash of massive proportions and a prolonged bear market. The Depression was marked not only by a deep bear market but profound…

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is somewhat confused, overly questioning, intensely connecting, mysteriously defined, locked in a time and place unknowable and perfectly defined.

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Richard Koman

Richard Koman

is somewhat confused, overly questioning, intensely connecting, mysteriously defined, locked in a time and place unknowable and perfectly defined.

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