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Reframing the Sucky Collapse

Kathy McMahonKMO welcomes Kathy McMahon, the Peak Shrink of, back to the C-Realm to talk about the psychology of predictions. We gravitate to flashy predictions over nuanced forecasts and don’t hold poor track records against those prophets whose predictions promise to vindicate us for holding the right beliefs. Unfortunately for Doomers who hope for a rapid collapse that will vindicate them for being early adopters of the Peak Oil collapse narrative, we seem to be in the midst of a slow degeneration that eats away at our security and wealth but never proves us right in the eyes of our doubters and critics. You may be braced for a sudden, sexy collapse, but do you have the gumption to endure the sucky collapse? KMO and Kathy last spoke at the beginning of the current economic malaise, and now, 3.5 years later, Kathy describes how the prolonged downturn has effected her family, her career, and her outlook.

Music by Mandrake.

Recession headlines image via shutterstock. Reproduced at with permission.

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