It doesn't mean it. It just means that if enough people think the same way, the world is doomed.

Or, if not doomed, it's not getting any better in areas that matter.

(People laugh at words like "doomed", assuming everything will be as it was when they were growing up. For some lucky ones that's true. For others the worse happens, like a financial collapse or a world war, and then they "knew it all along it was going to happen").

> It just means that if enough people think the same way, the world is doomed.

True in the sense that if "enough people" believe the Internet's favourite scare-story of imminent-financial-collapse (growing in popularity ever since Y2K) then it will indeed by necessity finally happen ;)

What "scare story"? Financial collapse already happened in 2008.

People paid a trillion in the US alone, out of their pockets, to ameliorate it (plus close to another trillion they lented to Detroit). And tons of middle/working class jobs are not coming back in the foreseeable future.

And that's the US. For some European economies it is even worse -- they got from 30% unemployment to double the suicide rates in 3-4 years time.

That sure was a big crisis but the word collapse for me implies total breakdown == after something collapsed, it no longer exists. The "financial system" still exists seemingly, even if arguably not in its best shape ever since.