Is the US headed for another Great Depression? I often hear this question posed by individuals who are worried about the recession. However, to be exact the US currently is not even in a recession. From the fourth quarter to the first quarter, real GDP increased 0.6 percent, according to the Bureau of Economic Analysis.
Regardless of whether the economy is on the rise or decline there will always be people making and losing money. During the Great Depression those who were positioned right, like J Paul Getty, made massive amounts of money. Everyday I read in the headlines about different companies who are still growing, expanding and breaking records. Why not you? Why not today?
In response to the Great Depression John D. Rockefeller said, “These are days when many are discouraged. In the 93 years of my life, depressions have come and gone. Prosperity has always returned and will again.”