Closer Than You Think: The Depression Is Already Knocking
We’re not in 1929. But we’re not far off, either.
The signs are all here:
Wild market speculation (DJT stock, Bitcoin, meme bubbles)
Historic wealth inequality (top 0.1% hoarding more than ever)
Tariff threats and trade wars straight out of the Smoot-Hawley playbook
Fragile banks teetering under commercial real estate defaults
Sound familiar? That’s the setup to the Great Depression.
The difference? This time we’ve got social media panic buttons, algorithmic trading, and a demagogue flirting with civil unrest and economic sabotage. Trump’s back, promising to default on our debts, dismantle global trade, and deport millions. That’s not recovery—it’s collapse with a campaign slogan.
We’ve got the Fed, FDIC, and safety nets… for now. But if they’re gutted, and Trump gets his hands on economic levers? Say goodbye to brakes.