Anybody telling you that “this is it, the crash is any day now” is hardly worth the time.
I am not against prepping, but for example there were voices in the wilderness for years saying “the stock market is overvalued, it is going to crash!” Eventually it did, in 1929, 1981, and 2000, and 2008, etc. Anybody who timed it is either lucky or an insiders insider.
For how many decades has the looming climate catastrophe not happened?
It literally did happen, the financial one. Gold is 4x the USD it cost in 2019. Money buys nothing. Big stock numbers represent comparatively little real value. Look at land price? When's the last time you shorted a commodity?
Climate is not the same argument whatsoever. Comparing apples to retrothrusters.
One of the biggest blackpills is seeing the cost of gold in USD since 1800 until now. You can see it remain relatively steady for over 100 years. And then around 1917 it just started to climb and climb.
In 1800, gold was $20/oz. In 1900, gold was $20/oz. In 2000, gold was $280 an oz. In 2026, its $4000/oz.
The best metric to peg to the dollar today is a chunk of energy ---- 4 kilowatt hours ≈ 1 pound aluminum ≈ 1 dollar today ≈ 0.3 gallons of diesel. This has been fairly stable for about 50 years now. Energy is a widely accepted universal barter.
Energy should be getting cheaper per KWh over the last 50 years. This is how the economy is supposed to work because energy can be manufactured. And a capitalist economy should be improving productivity over the years.
Gold cannot be manufactured. It's mined at a low rate, which keeps the supply low enough to avoid market saturation.
Food prices are going up, too. The economy is still undergoing stagflation.
I am comparing chicken little telling you the sky is falling for whatever reasons.
And the world economy has been in a global recession for years now. There is no difference for whatever your metric is.
Removed rule 1