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There is a difference between the following terms: correction, crisis and collapse
Correction is a relative range of rise, i.e. when there is a large injection into the markets, prices must be restored and capped, and it takes between two weeks to a month
Crisis is everything related to geopolitical events, wars, conflicts, diseases, and others, and it may take from a month to six months.
Collapse is the collapse of the economic foundations built on financial equations from taxes, inflation, embezzlement, and other foundations. It is possible to recover from one to two years, more than that, bankruptcy is inevitable
From this definition, determine what is happening now, what is it?