He is literally saying worse than the Great Depression.
Of course, it is also possible that it will usher in a Marxist revolution. However, I think most people understand by now that Marxist’s & their Progressive allies have no capacity to govern. That is obvious from looking at any Blue city.
While another Great Depression is not something I want, one positive side effect would be to eliminate much of the wokeness we have to deal with today. IMHO, Woke ideology can only thrive in a time of great prosperity when people can engage in flights of absurd fantasy without consequences. Removing cheap money will reign that in.
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Very good point. And it will be fun to see them squirm. Already seeing bits and pieces of that already and it’s delicious.