For the last two years I have been reading articles on many financial pages predicting a repeat of the 1929 Depression. Twenty months ago the WFR listed every possible trigger except a pandemic, and this month TIME is warning of global economic misery.

So far the stock market has already repeated the collapse of 1929’s overpriced peak and dead cat bounce. Are we now due for a repeat of its 2-year rollercoaster descent to one-sixth of today’s share prices? What is a good defensive strategy for a small newbie investor?

“Nations across the globe have incurred so much more debt from the World Bank and other global lending institutions... Over-inflated stocks and property with loans lacking many basic protections for the lender... Triggers for economic recession (are) trade wars, geopolitical tensions, imploding consumer or corporate debt....”
https://worldfinancialreview.com/the...bal-recession/

“We’re headed into a global depression; a period of economic misery that few living people have experienced."
https://time.com/5876606/economic-de...n-coronavirus/