The Silent Depression and Current Economic Realities

28 September 2023

A noted financial analyst argues that despite the historical advantages of capitalism, the average living standard is now declining because of heightened government interventions, including taxation, regulations, and inflation. He refers to the present economic scenario as the “Silent Depression” and anticipates it will escalate into a “Greater Depression,” surpassing the severity of the 1930s. Emphasizing the shrinking middle class and the perils of uniform media perspectives, he suggests delving into economics and stockpiling essential commodities as pragmatic measures against inflation.

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