Do you think we are going back into another Depression?

After reading recently the number of people that have one been laid-off by major corporations, companies that have closed then look at the numbers that occurred during the first depression. Yes, we are in a depression by market standards and by economical situations. Currently there are millions of people out of work. This is not good. We are all struggling to maintain the best possible home positions we can and of course this is affecting every industry around the globe. It was stated by several market analysts that we are actually in a global depression, when the market hit rock bottom before the holidays, it actually affected the world not just the U.S. In many aspects we will have to see what the Government and our new president decide to do. They have supposedly helped many big corporations by giving them all that money, what about the small business owners and the crunch they are currently feeling. Why not start at the bottom and work your way up? Sorry. I'll get off my soap box now.