Crazy. Dow down -1000 at opening

[SheilaT]

26. I've been noticing little ads on various websites

all summer that likewise predict an economic calamity this summer.

I just keep in mind that for as long as I can remember, and I'm now 67, people are more or less constantly predicting terrible things, mostly having to do with economic collapse. And often the pronouncements are very specific. I believe there's an entire field of academic studies devoted to looking at followers of doomsday religious cults, and how the members adapt when the end of the world as predicted by their prophet, does not come about. The Seventh Day Adventists got started as a group who predicted the imminent return of Jesus Christ, and simply dropped that prediction when dates came and went without any sign of JC.

I have more than once had some true believer assure me that the end of the world as we know it is coming at some specific date.

On a secular level, dire predictions of global economic collapse seem to be very common. And we all still manage to muddle along.