In Times of Crisis, Continue Normal Activities Rather Than Being Paralyzed by Fear

Source: https://www.theguardian.com/profile/emmabrockes. "How to survive our doomed times? Both the experts and I have the same advice | Emma Brockes | The Guardian." March 25, 2026. www.theguardian.com

The Gist

When scary things happen in the world - wars, economic crashes, rising interest rates - you basically have two choices: freeze up and stop doing everything, or keep living your life but feel more worried about it. The author argues you should pick the second option because experts always say don't panic, and historically things usually work out eventually.

Conclusion

When facing large-scale crises and uncertain times, people should continue with their planned activities rather than being paralyzed by fear and inaction

Premises

  1. Expert advice during crises consistently recommends avoiding hasty reactions (don't touch investments during volatility, stand still when confronted by bears)
  2. Historical precedent shows that economies and markets recover from even severe crises (US stock market recovered within 5 years after 2008, everyone survived 1970s interest rates of 10-17%)
  3. Recent experience with COVID-19 demonstrates that financial systems can recover from brutal economic shocks
  4. Paralysis and inaction never help in crisis situations
  5. The future picture may never fully clarify, making indefinite waiting counterproductive
  6. There are only two realistic options: stop all activities and wait, or continue with increased anxiety - and the latter is more practical

Assumptions

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