Well, I don't think it ever will happen because politicians won't let something as big as the Great Depression happen nowadays.
But think of it, in a purely economist point of view, there is no thing wrong with great depressions. It is merely the market trying to correct itself and it will teach a TON of lessons. Just look at how much government changed due to the Great Depression.
That is, after all, one of the prices of being in a more or less free market economy. You either go along during both the good and the bad times or have the government intervene and hopefully, things will get better without a much bigger debt
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