Hi John and Doves,
It certainly looks like it is! The fallout from a collapse of Evergrande appears to have begun. See article in the 1st link. This reminded me of the Economist magazine cover from 2015. Please see 2nd link. Scroll down to see the full picture. Not only is Obama centre stage, note the China reference on the bottom left of the picture. It certainly depicts some sort of economic panic. Children (depicted as fish) being led away by the Pied Piper etc. Reading the entire article will set the alarm bells off.
https://www.naturalnews.com/2021-12-10-evergrande-has-officially-defaulted-now-what.html