You might not find this to be pleasant listening, but it’s a good idea to listen anyway.
What if we are not just in a bad recession, but a full blown depression?
What if this depression is actually WORSE than the Great Depression of the 1930’s?
The US – its citizens, industry, and financial system – were in significantly BETTER financial condition than they are today.
Those are the numbers. Don’t be too quick to reject his thesis.