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Letters
Wednesday, April 2, 2008 12:00 AM

The Great Depression: The sequel

Is it coming to a soup kitchen near you? Here's how we'll know if the current recession is turning into something much worse.
By Andrew Leonard

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  • Tuesday, April 1, 2008 09:25 PM

    We aren't as wealthy now as we were then.

    The thing is, last time we came out of a Depression, we had huge stocks of national wealth that we've depleted since then. Big timber, salmon runs, ocean fish, oil, coal, groundwater. We had a lot of sink capacity too, like the air and water's ability to absorb pollutants. Those low-entropy stocks and readily available sinks aren't available to us this time around. I worry.

    —meganfta Read meganfta's other letters

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