I am not really sure if you would really want to live through a real crash and the resultant recovery period if there was one. Looking it at somewhat as an abstract thing is okay but the reality might be more than most would or even could stomach.

The last crash was ultimatly solved because of many sounder factors existing than do today. There are no gaurantees that would be the case today. What may be thought as temporary could become tomorrows reality.

At best currently I see things being attempted to try for a softer landing than would have already occured perhaps.

People that went through the real depression generally expressed no desire for their children to endure the same. Yet historically history is doomed to repeat itself in some fashion as well.

I have often weighed the thought since 2008 that without the extensive social programs excess money is borrowed to support currently. What exactly would we have today?

Every attempt is being made worldwide to not rock the boat too much currently. How this will play out over time is really not certain . We are currently and have been for some time in unchartered waters.

Possibly the loss of confidence if certain events unknown currently unfolded may be enough to tip the boat over. I for one hope this is avoidable but never before have we operated financially at the extremes we are seeing for the last few years.

Today is far from a healthy overall financial enviroment but as I see it there is still enough confidence to keep it going. If that confidence is threatened it may result in a pretty bad reaction. Personally I just am not sure how long we can still go along on todays basis.

Will we become like Japan with zero interest for example? Even that did not restore what they had. Japan has been struggling for more than ten years now to even semi restore what they had.

If governments where not afraid to level with their populations might have helped. I have felt things are not really right for a few years now. One should ask themselves. Is a real recovery even just to todays standards a possibility if we slip further downward?

Or is there more likelyhood of an upward movement or downward movement currently. Thats if one were to try for an unbiased view. You are actually hoping for a downward movement. You may not really enjoy the ride as much as you think you may if we get it.

Personally I hope it is not in the cards. Yet if a house of cards has been constructed in many countries as I suspect it has it may be unavoidable. Even worse is if the house of cards is kind of universally currently shared by many developed countries. In that case if europe implodes financially we most likely will too.