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Nowadays, with the global recession on the tip of everybody's tongue, we point out in this infographic some scary similarities between the Great Depression and what is now commonly referred to as the Great Recession...Are we headed down the path to another Great Depression?

This is the 3rd in a series of 100 provocative, useful facts about big issues presented every day until the election to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens. Fact #3 reveals that big school outlays do not lead to straight A's.

100 days of facts! One new straight-up fact every day until the election from FaceTheFactsUSA.org to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens. Here is Fact #2 with supporting substantiation.

Face the Facts USA is delivering 100 provocative facts about big issues over the next 100 days leading up to the November elections to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens. Here is Fact #1 with supporting substantiation.

This short video - on the unsustainability of government spending - should be watched by everyone, including those not yet old enough to vote. It should be shown in every high school and college classroom. Anyone that cannot understand this presentation should not be allowed out without a guardian.

We are in the latter stages of the debt death spiral where debt and interest payments can only be made by adding more debt. This process has a sure ending. Like the flush of a toilet, the spiral goes faster and faster until it finally ends. [Let me put forth just how serious the problem is.] Words: 431

We are in the latter stages of the debt death spiral where debt and interest payments can only be made by adding more debt. This process has a sure ending. Like the flush of a toilet, the spiral goes faster and faster until it finally ends. [Let me put forth just how serious the problem is.] Words: 431

The evidence of a slowdown has become so overwhelming it is difficult to avoid the conclusion that we are headed for a recession. We cite the following as evidence. Words: 548

Goldman analysts Noah Weisberger and Aleksandar Timcenko are out with their July presentation on the state of the global economy...[and while] the charts paint a decidedly negative picture of the global economy...some of Goldman's proprietary indicators – including their Global Leading Indicator and the Swirlogram – suggest there may be bright spots.

The world’s economy is passing through a low growth environment and this is in stark contrast to the first half of the last decade, when we had a global boom. Today, Europe is on the brink of recession, the US economy is growing at only 2% per year and it appears as though China is facing a major slowdown. Given these circumstances, we are of the view that the prices of natural resources will struggle to retain last decade’s momentum. [Let me explain further.] Words: 745