A gaming crash overall? No
a crash in the west? most likely, but it won't effect consumers. Many of these studios are going to bomb out however, there is too much going into gaming that isn't just developing a game, yes i do mean the political ideologies but also more than just that, there's too much external interference, trying to kowtow to anyone who cries, budgets are needlessly inflated because of where these studios are located, teams have needlessly inflated yet scopes have seriously narrowed and thinned to a point where every game is basically the same thing now.
so long story short, I think we are going to see a massive decline in Western Studios and content (maybe for the best) unless they are able to get their shit straight. Which it doesn't look like they will.
there's too many smaller games, AA or indie that are eating these studios lunch and you can't just rely on Marvel/Disney IPs for ever.
I forsee a boom coming from European devs and as always Japenese devs will keep doing what they are doing.