During covid times I heard many interesting conspiracy predictions such as the value is money will fall to zero, the whole society will collapse, the vaccine will kill 99% of the population etc. None of those things have happened yet, but can you add some other predicitons to the list?
Actually, long before covid hit, there were all sorts of predictions floating around. You know, things like the 2008 recession will cause the whole economy to collapse and then we’ll go straight to Mad Max style post-apocalyptic nightmare or 9/11 was supposed to start WW3. I can’t even remember all the predictions I’ve heard over the years, but I’m sure you can help me out. Oh, just remembered that someone said that paper and metal money will disappear completely by year xyz. At the time that date was like only a few years away, but now it’s more like 10 years ago or something. Still waiting for that one to come true…
But their version of recession is a total economic collapse. Normally, it involves stuff like money becoming useless, the entire society collapsing, widespread famine, return to bartering etc.
It’s not so sexy if you predict that exporting stuff will slow down instead of stopping completely. In reality, some people will loose their job during a recession, while these predictions usually talk about everyone becoming unemployed and starving in the streets.
It’s like they don’t notice economic inequality.
A depression, or economic doom, is not evenly distributed.
Some people are already living in doom today. Some people aren’t in doom. Some people used to be in doom, but aren’t now. Some are sliding into doom; some are climbing further from doom.
It is unlikely that everyone goes to doom all at once, because some people today are much further from doom than others. Most increases in doom will affect those who had already been dipping into doom on a biweekly basis much more than they affect people who have had years of non-doom to secure themselves against doom.
A lot of people can go to doom before much effect on the least-doomed person.
I’m gonna sing the doom song now.