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We're already kind of there. Unemployment, calculated the way it was during the 30s, is at a similar level today. Or was, anyway; it has recovered to some degree.
We're just not feeling the effects as much because of all the safety nets in place (unemployment, social security, etc.) Unfortunately, those safety nets can only last so long. The dollar is getting devalued because of it, and I wouldn't be surprised if we see the economy really crash in the next five years.
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