OPINION: A major financial crash is coming. We need to organize mutual aid in our communities.

Meeting the moment: mutual aid organizing to survive and thrive during the coming economic depression.

Nov 17, 2025

6 min read

Make no mistake, a major financial crash is coming. It could be a matter of days, weeks or months. But, by all indications, it is coming soon. It is clear that this crash will dwarf the 2008 financial contraction, as this bubble, rooted in AI and Data Center construction, is not only significantly larger, but is pegged to the rapid devaluation of the US dollar. By many projections, this crash could rival the Great Depression of the 1920’s and 30’s in its social impact and pain, which will make the preexisting crisis in the real economy of physical goods and services worse. Potentially, cataclysmically worse.

The catalyst of this crisis is Trumpanomics, the strategic assortment of protectionist policies combined with open extortion, coupled with the expansion of rents, dividends and interest bearing practices for the near exclusive benefit of the billionaire tech-lords and financial magnets that dominate the US economy, who by measure of present impact, are now responsible for nearly 50% of total consumer spending propping up the US economy. And while Trumpanomics is going to be the clear catalyst for the crash, its roots go way deeper.

The top-layer roots of this crisis stem from the fragmented responses of nation-states, central banks, and transnational corporations to the financial crisis of 2008-2009, driven by the international housing bubble bursting. A major component of the response was the deepening of the financialization of the recovery, wherein the major transnational corporations relied on gimmicks like stock buy backs and bonds to expand their income, rather than invest in more productive capacity to produce more goods for the market, and with it more industrial jobs to produce those goods. Production has relatively remained stagnant in most industries since 2008. All the stated growth has been in the inflation of fictitious value, driven by financialization. This financialized response is what has led to the “K” shaped economy we are now grappling with.

The K-shaped economy, explained.

You might be asking, What the hell is a K-shaped economy? In short, it points to the extreme divergence of market index trends and corresponding data that tracks investment, spending, consumer, employment, and inflation trends. Since the pandemic, various trends have been moving in extreme opposite slopes. The upper slope represents how well sectors like tech and finance are doing in the financial markets, along with the wealthy and high-income earners. This group has experienced record growth and all of the material and political benefits that come with it, as they have been earning astronomically from rising asset prices, stock gains, and hyper asset evaluations from the investments in new technologies, particularly AI.

Those embodied on the declining or downward slope, i.e., most of those reading this article, are headed in the opposite direction. We are facing stagnant wages, rising costs, massive layoffs, and structural displacement from the advance of automation and AI. All of which are only going to get worse if we don’t intervene in a significant way.

Mutual aid for the working class.

Now, what all of this means is that we, the working class, who are the base of this economy, need to get prepared for the pain that is about to be unleashed upon us as best we can. The first place to start is mobilizing our communities to engage in mutual aid organizing. It is imperative that we build mutual aid hubs in our immediate communities to be able to engage in food provisioning and exchange for the growing number of individuals and families that will be in need because of SNAP cuts, mass layoffs, and the devaluation of the dollar.

We will also need to engage in extensive medical aid provisioning as millions lose their health care coverage because they will be dropped by their insurers or be completely priced out of the market. This means making it a critical priority to organize doctors, nurses, health techs, and pharmacists. We are also going to need to scale out our mutual aid efforts extensively in order to access the broad range of resources that will be needed.

We can’t merely rely on what exists in our local communities because the sacrifice zones that many of us presently live in are deeply resource-deprived and, in and of themselves, won’t be able to meet the collective needs of those communities. In order for some critical needs to be met, we are going to need solidarity from communities that are currently better resourced by virtue of how they are positioned within existing capitalist social relations.

We are going to need to organize extensive mutual aid networks throughout adjacent counties, states, and regions.

So, we need to get prepared. And get prepared in more ways than one. We need to get mentally and politically prepared to create a new economic system and social relations on the other end of this crisis. We need to socialize production and democratize society through and through. Creating new relations of solidarity through our mutual aid work in response to the crisis that is imminently lurking on the horizon is the first step. But, more will be needed. Much more. This is where the #BuildAndFight Formula that me and Cooperation Jackson have been articulating comes into play. Take this pending market crash seriously, and start getting organized now.