With the stock market hitting the skids today... it brings up a lot of questions doesn't it. We have many conditions today that mirror that of 1929. Deflation in asset and commodity prices, dramatic drops in demand and credit, and disruption of trade are conditions that exist today and are what also contributed to the stock market crash. Debt was a huge factor in the 1920's. Much like we see today, Americans are in so deep... the real-estate/foreclosure crisis has not only burst the housing bubble, it is affecting banks, and all business involved in this huge market. And you are right, debt wasn't even one tenth of what it is today - so just imaging the economic ramifications! My great grandfather owned a grocery store during the depression. My grandfather still talks about it ... and he is saying that our economy and current envirionment is very similar to those days. I don't know what we will do. I believe that its not a certainty, but a possibility at the very least. I don't want to be one of those people who hordes food and keeps my money under the mattress... but it may come to that. I pray it doesn't.