Your analysis is interesting, but it seems to lose sight of a key reality, “no one knows the leaks in the neighbour's house”. Each country has its own challenges and strengths, and reducing everything to a global diagnosis based on imminent collapse can be misleading. And the media are the best manipulators at the moment.
It is true that inequality and social dissatisfaction are worrisome, but so is the ability of societies to adapt and evolve without going to the extreme of total collapse. Historical comparisons are useful, but each era has unique contexts.
The world is not monochrome, nor is it all oppression or imminent collapse. There are nuances. And while some struggle against insensitive systems, others find local solutions within those same systems. Perhaps the greatest risk is to generalise too much.
When it comes to the economy of the present, there are no neighbours - it is all one unit.