Noone can be disapponted because people are not worried. It’s not judgement day or anything it’s just a recession that follows an economic firework.
With no money in their pockets - what is it people can buy ?
The answer for the last years was - sell the worth of your home in the future and get a car on credit.
Since interests where so low that worked great for a while but it was clear that it doesn’t for ever.
Normaly low taxes are ment to be an instrument for stimulating an economy by enabeling investments that otherwise would be found to risky.
In the last years this instrument was used to get people on cruising holydays in the caribean sea. The money shelled out is not working in a factory waiting to pay back the printer - it’s burned and gone.
Now comes the time to rise interests to not loose the ability to pay for imported commodities.
Get back to work.
You are in Germany.....I'm here in the US....I know NO ONE who went on a Caribbean Cruise by mortgaging their house.....
Or you could enroll at the community college and borrow $40,000.
then buy $40,000 worth of Chinese "merchandise", then declare bankruptcy.
Just an idea.