Since no one here has ever had to live through a Depression, much less a once-a-century Great Depression, this would be a good place to share ideas about surviving the one coming up. Ideas should also be geared toward profitting if the full brunt of this Depression fails to materialize.
History shows that the top economic power actually suffers the least, as it fades from economic hegemony. British people suffered far less than Americans, actually surpassing the USA in GDP during the 1930’s.
However the suffering tends to last longer until someone like a Margaret Thatcher arises to resuscitate the faded power.
So let’s here it. Should you really buy gold? Should you put all your cash into a safety deposit box? Chime in, with all serious and sane ideas. (Please no stuff about building bunkers and crap.)