I dont think so. I've been hearing that it's a time to worry for over 20 years, thru three major once in a lifetime events. If none of those were a time to worry, I dont see why this is.
All those events had an impact on someone. They destroyed many lives and set back countless others.
It can happen to you, unless you continue your lucky streak or your continued survival was/is due to wealth.
If the weatherman is consistently wrong, is it me who is experiencing different weather wrong, or the guy who made the prediction in the first place?
In the end the next time the billionaires blow the thing up, they'll get a bailout and I'll get a haircut, so I might as well get my slice of the pie now.
For all the crowing, the implosion from consumer debt has never come, I suspect part of why debt keeps rising is harder to obtain bankruptcy.