The beauty of history is that it can and is repeated again and again. As new generations come on board having little or no real memory of the past, the same scenarios can be replayed again and again. The Great Depression was a wake up call and we have gone back to sleep. American will go through the depression/recession cycles for the rest of this century. Finally, if the nation makes it, sometime in the next century we will have laws and traditions that may make the business cycles somewhat obsolete, but until then politicians will jerk us around using the business cycles to fill their donor's pockets.