Before I studied economics, over 40 years ago, I thought recessions happened when companies were having to pay higher wages to workers, because the economy was doing really well. Then start a recession, pay workers less, and then when the economy comes back, large corporations make more money.
Ends up that is the result of economic downturns, but am not a conspiracy theorists anymore. All I know, is the poor and middle class will get screwed and the rich and powerful become more wealthy as a result of this current crises.