I experienced the 2008 financial crisis here. I remember seeing blocks of abandoned luxury cars (it was / is illegal to default on debt here), left behind by people who lost their jobs and just.. left. It felt like a ghost time.
I personally didn’t really feel the effects on it until a year or so later when it became apparently that the publishing industry I had briefly joined was going to be no more.
Before, even as a stringer and rando in college, I could make hundreds, sometimes thousands of dollars on individual assignments. Quite soon there were no such assignments anymore.