In the wake of the biggest financial shock since 1929, economists say the odds of a depression are less than 50-50 -- though still uncomfortably high. But even if a depression comes to pass, a 21st-century version would look very different from the one 80 years ago.
How a Modern Depression Might Look
The Wall Street Journal
March 30, 2009
The Journal is right, of course:


Now the homeless unemployed have Mylar tents and air mattresses and plastic chairs for their camps, whereas in the '30s those things hadn't been invented yet.
Also the pictures are in color, instead of black and white.
So it all looks very, very different.