Well, perhaps you have not listened to the news, reporting that the dollar is continuing to weaken, as the euro continues to strengthen. The U.S. is LOOSING control of the world market, of which it has had by the throat for the better part of 60 years, after WWII. This fact is what pulled us out of the depression of 1929.
History indeed may repeat itself, in regards to a depression. Failing businesses, government meddling in foreign, AND domestic affairs, jobs leaving the country, a national debt of 13+ TRILLION dollars, and a government debt of 9.8+ TRILLION DOLLARS, the housing market is in ruins, and the mortgage companies are in SERIOUS TROUBLE, because of defaulting home loans, and foreclosures are at an all time high.
Our government is spending money like water, and the citizenry of America seems to be asleep to the fact. It is only a matter of time before the printing of more money backed by NOTHING hits the end of the proverbial rope. The U.S. is THE MOST indebted nation in the WORLD, and has been for some time. This cannot continue, and the condition WILL adjust itself eventually.