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RE: Mike Maloney: Is The Stock Market CRASHING? - We've Seen This Before!
Could there be another "great depression"?
Well in the sense of the words and judging by the recent dip in the markets, it's sad but highly possible and just as you said in the video, doomsday might be close.
Nice interview
I'd still say we are a ways off from something as big as the great depression. There were many other factors that led to the extended effects of the great depression such as the "leave things alone" view that most economists had at that time. As the levels are today we're still a fair ways off from even the events of '08. I do agree that things aren't looking good and the computer trading really scares me. I definitely think we could see something similar to the flash crash because of these computers. Well done interview.