Debt is the almost singular through line behind every major financial crisis.
https://www.theatlantic.com/ideas/archive/2025/10/andrew-ross-sorkin-lesson-1929/684546/
Andrew Ross Sorkin: The Lesson of 1929 – The Atlantic
business, crisis narratives, debt, debt dynamics, economic downturn, economic history, economy, finance, financial crisis, financial reckoning, Historical Parallels, market crash, market psychology, p, stock market crash