Uncertainty is abstract, and the article describes consequences very concretely. Another poster mentioned faith - behavior and belief will determine what happens.
Besides, he’s going to tell us what to do in the next installment! That said, the doom scenario is possible and the author didn’t assign any scientific-wild-ass-guess probability, so I’ll wait for part 2.
You’ll know this market has bottomed when you see some “SOLD” signs going up on vacant houses. Until then, this nightmare scenario has a greater chance of coming true than a quick recovery, IMHO.
“Besides, hes going to tell us what to do in the next installment!”
I read the next installment, and it’s just more of the same. You can read it too if you register for his website.
What to do:
Cut your expenses to the bone.
Buy ammunition, dried food, gold, and tbills.