Have you looked out the window? That freefall is almost complete.
Perspective: As bad as it is now, just wait. It will get much worse.
I do not think for a nanosecond we are in anything but trouble here. But when I look out the window I still see helicopter parents bringing little snowflakes to free pizza parties and participation trophy award ceremonies.
When Snowflake has no power for his Xbox after an EMP blast, that’s when we can say things are genuinely ‘bad’. We are very much still in the ‘1st world problems’ phase. But we are getting closer to genuinely bad by the hour.