I am not even remotely knowledgeable about economics and stocks so if any logic in this is flawed, please tell me why.

If it happens (which seems likely but not a given) I think the most likely offenders would probably be companies like Uber and WeWork because they kept going with their current practices (mainly unsustainable and sometimes still unprofitable) to the point where venture capitalists decide it's too risky an investment to make and the stocks eventually crash in these companies and the whole market soon follows.

We are due for one anyway (11 years since the last one) yet I feel like the general sentiment is that the recent market drops are simply a temporary dip despite huge economic, political and geopolitical risks. What am I missing? Why isn't there more coverage about this? Am I looking in the wrong places?