Angelina
One doesn't exclude the other. As there could be additional influences involved. All contributing to the overall situation that is so complex that even many persons digging into related topics for many years apparently have different interpretations.
Anyway -- and despite me liking to debate about society, commerce, etc. -- we might better split the overall situation of the economy and our perspectives why this or that happened into a separate, political topic and/or stronger focus on my-steel changes here, again.
(the self-proclaimed deputy moderator)