While this is horrendous, the roaring 20s only lead to a Depression because the inequality was coupled with an isolationist anti-trade austerity government and a terribly inept Federal Reserve that thought contracting the money supply was the right thing to do during the stock market crash.
If the Paulites seized power of the executive, I'd be concerned about another Depression. As it stands, things will just be melancholy indefinitely.
That's what we thought in the Bush years. The Republicans are now trying to force through austerity and with flagging growth in other parts of the world, there could be depressed trade. I guess the only thing that could prevent a meltdown is a D Federal Reserve, right?