I recommend a visit to the “China Observer” YT channel. China is currently going through something very similar to America’s Great Depression - it’s really quite amazing. My concern is that something like this could be contagious to the rest of the world.
“very similar to America’s Great Depression”
In the 1920s, Americans bought new houses, new cars and new radios.
There was less demand in the 1930s for new houses, new cars and new radios.
Rapid change and a booming economy are followed by a bust.