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2030s Great Depression

2030s Great Depression

For many years, ITR Economics has been forecasting that a second Great Depression will occur in the 2030s. The road to the Great Depression will be consequential in and of itself, with many opportunities and changes presenting themselves. Business leaders need to be planning now for those changes, as we all seek to maximize profits and enterprise value.

What trends are contributing to this forecast? How should businesses prepare throughout the 2020s? Are there any factors that could change this forecast? Check out our resources to learn more about how this economic event will impact the globe.

“A high probability exists that the decade spanning 2030–2040 will be one of lost opportunities, great economic distress, lost fortunes, deep regrets, and despair over what might have been. Protect yourself: Plan for this future and strive to stop it from occurring.”

“The trends we see are massive and have so much momentum that they will be difficult to change. Action is imperative. We need to implement economic moves that will protect us, to fight the good fight in an attempt to preclude the next Great Depression from hitting with unprecedented force.”


2030s Great Depression Update

July 27, 2023 | Presented by ITR Economics CEO Brian Beaulieu and President Alan Beaulieu, live from Studio A

Much has happened in the world since Prosperity in the Age of Decline was published in 2014. Some of the changes have been large and likely enduring. This presentation is the means to get caught up on our latest thinking about the timing and magnitude of the problem. Additionally, we will share a list of industries and markets that we think will hold up relatively well in the depression.

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Prosperity in the Age of Decline (2014)

By ITR Economics CEO Brian Beaulieu and President Alan Beaulieu

In Prosperity in the Age of Decline, Brian and Alan Beaulieu offer an informed, meticulously researched look at the future and the coming Great Depression. Drawing on ITR Economics' 94.7% forecast accuracy rate, the book outlines specific, actionable strategies for capitalizing on cyclical opportunities and dodging economic danger. In this important resource, the authors reveal what it will take for individual investors and business leaders to prosper as the economy heats up prior to the predicted downturn, preserve wealth during the upcoming Great Depression, and profit on the way out of it. The imbalances and maladjustments have a while to play out, and the authors pinpoint the investment opportunities to be had in the countdown period.

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Since 1948, we have provided business leaders with economic information, insight, analysis, and strategy. ITR Economics is the oldest privately held, continuously operating economic research and consulting firm in the US. With a knowledge base that spans six decades, we have an uncommon understanding of long-term economic trends as well as best practices ahead of changing market conditions. Our reputation is built on accurate, independent, and objective analysis.