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Historians See Haunting Echoes of the 1929 Crash as Social Security Trust Fund Depletion Nears, Warning of a 'Classic Boomerang Effect'. As the predicted date for the Social Security Trust Fund depletion approaches 2033, economic analysts are drawing stark parallels to the Smoot-Hawley Tariff disaster, arguing that the impending insolvency is not just a funding gap, but a systemic failure of policy intervention that will create the very economic panic it aims to prevent.