The Great Depression - how close are we?
Similar forces driving today's crisis, but Main Street fallout is less dire, and the past's lessons - and its safety nets - help
Americans binge on credit in a mania of speculation and consumption until the debt-fueled bubble bursts. Wall Street has a meltdown, the mania turns to hysteria, and the economy goes haywire.
That scenario spawned the Great Depression - and it's painfully clear that similar factors are in play today.
Now the question on everyone's mind is: Will it happen again?
From late-night comics to financial pundits, there are plenty of ...
Full Story »
