I take pride in doing what I consider to be generating business value, but I strongly believe that my compensation would be higher if I spent more time self-promoting rather than doing “real work”.
my version is that I tell them naked truth...some people appreciate that
It's possible to play both games.
If that's the case, then mission accomplished. It seems that OP's root goal is to avoid the crippling anxiety and stress. Convincing yourself that it's not a problem -- even if it is -- also accomplishes that. Maybe it's not the best, but you're going to get laid off (or not) regardless of whatever anxiety or stress you feel leading up to that point. Better to just not feel the stress in the first place.
Really, though, is it that hard for you to believe that no one could feel confident in their skills such that they believe that they'd still be able to find a job during an economic downturn? It seems a little nonsensical to take that position.
I’ve kept my skills in sync with the market and kept a strong network. Most of those years from 1996-2020 I was just your run of the mill enterprise CRUD developer.