If history has taught me anything, it's that there are no absolutes. As horrible as everything sounds, the likelihood is that this downturn will not be as deep as the Great Depression - nor will the recovery be instantaneous.
Most people I know are taking steps to prepare for a deeper downturn - exploring job opportunities before they need them, cutting back on spending, and so on. They're being more creative with their time, and more practical with their needs - in a way, we're developing as a nation the same habits our parents and grandparents developed to survive the Great Depression. I believe the same shift is also occurring internationally, on a governmental level. The world in interconnected like never before - as is our collective response.
This great historical drama in which we're living will, like all great dramas, move in an unexpected direction. Our future will not be what we expect, or what history has shown us. This is a unique moment in time.
I think we're all about to be surprised.