I think most of these answers of market timing and emergency funds are missing the point. If this happens, we aren’t talking the normal recession. At the very

I think most of these answers of market timing and emergency funds are missing the point. If this happens, we aren’t talking the normal recession. At the very least, we are talking stagflationary recession with all sorts of other geopolitical and economic complications. And at the worst, we are talking unfathomable chaos in the foundations of civilization including food shortages and starvation of the poorest in wealthy countries. It’s not just economic issues here, fertilizer supply has crashed and prices have skyrocketed. Are you all going to eat your emergency fund? What good will that do if there are bread lines? How will timing the market or not, help your family make it through what could be a long stretch of rough times? And if there is a financial collapse, why are you so sure that there will even be a market left to recover? And if there is no financial system, why are you worried about paying your mortgage? Interest rates can only be raised so high before the US can’t pay the interest on its debt and defaults, then what? And if they can’t raise interest rates beyond a certain point, how does inflation end? This is not just a “recession”, it’s an existential threat to world order.