Has there ever been a scientific depression in the United States? I would guess NO. The Americans are individually less hard working, collectively they are vigilant. They believe in one economic practice: “It does not matter what you do inside the country, it can be messy, you can occupy the international market by creating a good international image.”
eg You do not provide good service that you promised, inside the boundary, you apply the same international policies inside the country. This is a fallacy, a sort of myopic economic interest principle the result of which is economic recession. It had to take-over sometime but it does with very early warnings which were neglected.