Economic future questions for you real smart fellers and gals.
The Great Depression of the 1930's was a world wide depression, the globe was impacted. The USA, due to FDR's policies, was the only nation to suffer as long as we did. The depression ended in the USA with the start of WWII.
If a depression hit the world now, many nations are running out of power for electric, their currency is worth less than toilet paper, Europe's people are facing $3,000.00 a MONTH heating bills, if there is gas at all. China is in a free fall and Russia is led by a nutcase just like Kim Jung Il in North Korea. Worst of all for the world Joe (dementia) Biden is POTUS.
All that adds up to BAD STUFF DUDE. Is there a safe haven for us peons aside from Food, water, shelter and lead for our assets. I am looking at retirement in five months and have meager means but am determined to ride out what ever storm is coming.