The housing crisis was going to happen either way, go do some research on mortgage defaults, insurance rising, and interest rates, the stock market has been inflated for awhile and due for a correction. Both Gaza and Ukraine would be the same. Layoffs started last year. UPS laid off 15,000 under Biden, now 20,000. Intel 12,000 last year, 15,000 this year as examples.
Trump is just accelerating the inevitable. He didn't create all the underlying problems will the US economy, but he sure as he'll didn't mitigate them, instead he is doing everything wrong to worsen them.