This indeed was a deliberate manipulation by the Extraterrestrial Alliance to bring things to a head that were looming but could have been contained. They do this at regular intervals. The whole notion of the economic cycle is a fallacy. It is clear history, numerically speaking, with the rise and fall of the markets with fairly regular periods of escalating values reaching a peak and then a recessionary period to cool things off and having a value reset to begin an eventual upward climb once again. These cycles are unnatural. They are the product of numerous financial manipulations of world economies and the tools of the banking system.
All the while there are predatory investors who are part of the Cabal, the insiders who understand this is a game and are in on the rules and who short the markets at just the right time and then will reposition themselves once a bottom is in place to enjoy another run-up over a decade or so prior to a new downturn. This is how the hidden Cabal keeps itself in luxury. They do so off the backs of everyone else, manipulating their economies and stripping away the spoils from the labor of many. To be sure, there are those who ride along in parallel if they can see the signs and piggyback onto the system, but it is all run with general unfairness and for many people is an unrecoverable disaster, particularly if they are nearing retirement and are counting on life savings that might be decimated with an economic downturn if they are in harm’s way of losing share value in their investments and fail to act in time.
There is much mind control manipulation as well to make people feel complacent and to stick to the old adages: "That because the markets can’t be predicted, it is better to stay invested because otherwise you will bail out in fear at just the wrong time and the market will turn and run to the positive and leave you behind and you will have lost out truly because your losses are unrecoverable." That idea can work for individuals with a long timeline because they will be able to recoup losses over time, but for those in advanced years, it can be quite devastating indeed. There was a divine intervention to prevent the downturn in 2008 from causing a global collapse that would be truly catastrophic. So as bad as it was and painful for very many people, it was survived for the majority at least enough to limp back into action and begin to rebuild from there and many have done well in at least getting back to where they were aside from having lost a decade or more of their productivity.
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