I don't think that's a sign capitalism isn't working .. because capitalism isn't really happening. That's an issue with loans, fractional reserve banking and extending debt. There's some overlap, but countries did have capitalism on gold/metal standard before fiat currencies. They had their own gold price stability problems, sure, but at least their money was attached to something that takes value to extract.

The entire AI bubble is based on loans nobody is calling on, so it just circulates a debt cycle.

It's a bit worse than that too. I think the AI bubble is designed to collapse. It's how you get rid of something even as corrupt as fiat currency and replace it with programmable, compartmental, digital, traceable money. The technocratic Epstein class want a world were people can't say, "I want $65k/year." They have to say, "I want at least 100 USDT housing allotment, 30 USDT food-coin and 20 USDT-luxary spending."