[malikNF]

To the folk who dismiss this as “just another hedge fund manager who stand to win if everyone fails”

Why do you think this event or any other kind of big economic downturn is unlikely to happen?

[csallen]

I mean you're essentially asking why people think a rare event is rare.

[andrewstuart]

I used to believe it but after 30 years it just sounds boy who cried wolf.

Also, inflation kills debt.

[karatinversion]

Base rates.