Well, I figure that if we could emerge from the last Great Depression and have good economic successes in between then and now — we can certainly see the same thing happen again.
So, I don’t see dire results from going through a Great Depression, as long as the “patient” is treated with whatever measures are necessary to keep it alive, in the meantime.
After that, the patient will recover and go back to a sound footing — *just like it happened before*.
If it happened once and we made it through, then we’ll certainly do so again.
LLS