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okanatyesterday at 6:02 PM0 repliesview on HN

A crisis prevents people from earning money. No money means nobody buys anything. Nobody buys anything means no company can now sell stuff, so no revenue. Companies start closing down, so there are even more people who cannot earn money.

The government can print money and inject into the system. Some people have money so they continue to buy stuff but maybe at a slower pace or less amount. Things also can get expensive but it is not a total collapse.