History often seems to move in circles, and the idea that major global crises recur every century has gained new attention since the Covid-19 pandemic.

A striking coincidence stands out; the Spanish Flu of 1920 and the Covid-19 outbreak of 2020, both deadly pandemics that shook the world.

Now, economists and financial analysts are warning that another grim cycle might be repeating, this time not a pandemic but a potential global economic depression similar to the one that began in 1929.

For those unfamiliar, the Great Depression (1929–1939) was a decade-long economic catastrophe marked by mass unemployment, poverty, plummeting industrial output and the collapse of stock markets and banks worldwide. It reshaped societies and redefined economic policy for generations.

Fast-forward a cent

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