You tell me about it bro.

One of the biggest determining factors whether a country's economy is failing or not is its ability to sustain micro-businesses and enterprises, in the country I live in (the Philippines), there used to be a lot of micro-retail stores (we call them sari-sari stores here which in English translates to variety stores due to the sheer amount of products they have and how accessible you can buy shit with just a single peso) but nowadays the only ones that remain up and running are those that have already established themselves in the community, enough to gain patrons, and even then I see that most of them have fallen short on the variety part of the equation, and are just selling the same old shit, sometimes even less than what they used to buy.

This isn't even the biggest determining factor of a declining economy even, salaries, high price of goods, the diaper and pizza theory, there's a plethora of standards out there that people used to check whether their economies are fucked over or not.