The Great Depression: Down but not out

There were many factors and conditions that lead to the Great Depression. Many of those factors may very well occur again, and some are not as likely. Although the overall chance of alignment of these factors is improbable, it is not impossible. Moreover, if one were to take a person from half a century ago or longer, their vision of our modern times would most likely be very different from what we experience. Furthermore, the recent recession that America has faced proves that modern economic practices are not infallible. In fact, in this unsteady global condition, it would not be surprising if another such downturn would occur. Therefore it is an impractical and untrustworthy practice to try to predict the conditions and reality of our future. So although I cannot say that an event like the Great Depression will happen again, it cannot be ruled out.