[e12e]

AFAIK global capitalism has been in an over production crisis since at least 2008. So it's not a depression due to covid-19, but a worsening of the existing depression due to covid-19.

Still, those on top are still raking in profit - arguably the crisis isn't that we suddenly are running out of energy, food or housing - just that we're distributing it so badly that we've created poor living conditions for a lot of people.