Could America be heading for another Depression?

Oct 12, 2008

01:33 PM CDT on Sunday, October 12, 2008 Alex Sanz / 11News HOUSTON -- Few periods in American history have been as tough as the one that started late in 1929. Then, as now, for a lot Americans the realities of life seventy-nine years after The Great Depression are painful. The trouble on Wall Street, the crisis in the credit market, and recent fluctuations in the price of oil have made analysts wonder. According to them, under the right circumstances, the country could slip into another Depression. "A lot of people tend to think we would never have a Depression again because we're in modern times, and how could... [read full story]                    

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