Well, someone's gonna have to do the slog-worthy work, otherwise no one gets civilization. You can whine about it as much as you want (who knows whining better than a journalist!?).
Or migrants get imported to do the work that goes undone, see EU.
“A crash” is just a Rube Goldberg wealth redistribution mechanism (wealthy people own the vast majority of securities and real estate). I argue a crash isn’t what’s needed: much more housing supply, robust antitrust enforcement (to keep monopoly pricing in check), efficient healthcare, living wages, and high progressive tax rates are what is needed to right the ship.
IMO it doesn't matter if you believe in fire or in ice, either will suffice. There's only one way forward.