by 
QuinnFan
ANSWERS: 4
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It definitely could and we may well be headed that way. :(
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Highly unlikely, given the financial controls and guarantees that we have in place now. For example, in the 1920s there was no FDIC. That's why there were runs on banks, since deposits were not insured. Since people cannot lose their deposited money, fewer would experience extreme hardship. However, with the present administration's horrible economic policies, like giving tax breaks to the rich at the expense of the poor and middle-class, I think we are in for a recession and harder times. But certainly not a worldwide depression like the 1920s.
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The same scale as the one that happened in the 1920's? I don't think so. For one, some of the factors that led to the Great Depression then no longer exist now. This is one of them: "A last major instability of the American economy had to do with large-scale international wealth distribution problems. While America was prospering in the 1920's, European nations were struggling to rebuild themselves after the damage of war." From: http://www.geocities.com/capitolhill/senate/6854/greatdep.html Right now Europe doesn't have that kind of problem. And I'm pretty sure the European Union doesn't want that to happen to the USA again. Anything that happens to the USA will eventually have an effect on Europe, and the rest of the world.
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yes... economically and pharmaceutically... i think they are related somehow
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