Economist are expecting another economic collapse similar to 2008. I wonder what it will do with crypto

So economist are expecting another economic collapse similar to 2008 when the housing bubble burst due to toxic loans. Something to take a look at is

https://www.axios.com/credit-cards-america-hits-all-time-high-d98530fe-0d4f-48f2-99a9-8a1776bd7560.html

​

https://preview.redd.it/7shokn8dll081.png?width=822&format=png&auto=webp&s=6068144805e0480ad6127d76021a4076debef754

And then debt is at an ATH.

​

Anyone has any thoughts on how crypto will handle this if another 2008 collapse happens?

​

IMO I think people will flee the old system and go to crypto. Look at what they are doing with inflation.