We need to be preparing for this and we can do that by investing into real estate and buying Bitcoin that would be free from the market collapse.
For this I agree more, Although it is only seen as a prediction and is strongly believed to happen, our task now is what independent efforts we have prepared when it happens at any time whether investing in btc or other investment instruments.
As I recall, we have gone through many economic recessions with quite bad levels and impacts, but life continues as usual, the only difference is that the number of items when we shop is considered no longer the same as before. Finally, whatever happens in the future, everything has a process.