Sure, I'm willing to agree that high and expanding levels of national debt can lead to economic crisis.

I still don't see why it would be worse than the Great Depression.

The national debt being low during the Depression and high now doesn't seem relevant. The national debt was not a primary causative agent of the Great Depression, we're saying that it will be a primary causative agent of this one, so why would a Depression kicked off by national debt be worse than the one kicked off earlier by not-national-debt?

That said:

> > What I observe right now is that we are not, at this moment, in a depression despite federal debt being such a high percentage of GDP.

> Because the "experts" keep redefining what it means to be in a recession, depression, etc.

If you are claiming "actually we're totally in a depression right now but actually no because we're redefined our way out of it", now that is an extraordinary claim. "Depression" means something more than "bad economy vibes".