Is America going to collapse/End up in a depression like situation again?

It seems like it, the recession is getting worse, and it doesn't seem like we will reach recovery any time soon. More people are losing jobs, and unemployment is rising faster, and is at a high. I even see schools closing down, and more and more stores are closing, and companies are going bankrupt. Do you think it's going to collapse? Not many people seem to care, and the news is just reporting more and more bad stuff.

I hope not.

25% unemployment? Complete banking collapse? Not even close....Maniacc1

It hasn't been getting worse. It just hasn't been getting better fast enough. Depression seems extremely unlikely.

It hasn't been getting worse. It just hasn't been getting better fast enough. Depression seems extremely unlikely.

coolbeans90

This.

Maybe someday. It will definitely go into some kind of a recession again one day no matter if it is very very small and doesnt make much difference to the economic climate, it will still happen

we are still in a recession (depression). everyday more and more people are losing there jobs and losing homes.

It hasn't been getting worse. It just hasn't been getting better fast enough. Depression seems extremely unlikely.

coolbeans90

No, the great depression was far worse than the recession we just went through.

Probably. The less money we get, the more money the people who own us get.