...and the Roaring 20s was followed by another depression which was caused by a lot of the same things we are seeing today (my foster parents lived through it and I grew up with the stories).
The drought and subsequent fires in the western part of the United States will have a great effect on food prices here in about a year or so. That combined with other things? Not looking good for the home team in the short-term. Hence; I say...
Hope for the best, plan for the worst.
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Spot on, wall St is regulated but cryptocurrancy exchanges are not. Similarly it is occuring now.
Where did all that stimulus go?
https://www.history.com/topics/great-depression/great-depression-history