The Second Great Depression?

[Koga No Goshi]

People say that every time there is any kind of economic crisis. And you know what? They have been wrong every time.

I'm not talking about piddly four year bouncebacks and a new industry to inflate and then pop. I'm talking long-term, big picture. I stated that explicitly. If we get into all kinds of new exportable, profitable and forward-geared industries, we will bounce back. If not, we won't. But I did also state that I don't believe any such traumatic change to the status quo loving free market will happen without considerable government-created incentive.

I think people who say "bah, this happens every 10 years or so" are really rose-shading how much we've undergutted the economy in a way that wasn't true 20, 40, 60 years ago.