It was the financial market AIDS aka Credit Default Swap that took down AIG and Lehman and took down the housing market. The Japanese asset bubble burst but it didn't take the down its economy. But it caused the lost decade. Now, one can get a cheap akiya. So, where is the trigger for the next housing bust? American is damn lucky as there is no good alternative to the US dollar. Please don't tell me it's crypto.
Everything collapses with the policy US has as of today, lots of people going to die too. BTW I wish to one day see positive news from you so we can look at both side of the story.