The economy is in crisis and therefore there could be chances of a ‘depression’ very soon. One of the best ways to survive the modern day depression would be to letting go of the unnecessary. For people in a dire economic condition, it would be ideal to give all the luxury expenses and save some money aside for future emergencies. This also implies that you must minimise the debts on you and also decide what you can truly survive without. Selling extravagant luxuries would also give you some disposable money on hand. Since there aren’t specific rules or strategies to deal with depression, this is the best we can do.