It seems like the free market is set to bless us with yet another "once in a lifetime" economic crisis, and the working class will get the short end of the stick yet again. What are some tips or advice to not get hit too hard by this? I've heard having all your debt paid off helps but aside from that what are some practical things we can do that aren't just buying 3 years of canned beans and fucking off to a cabin in the woods? Any advice for what the low income and working class can do would be greatly appreciated
Try to get into a trade maybe? If nothing else, try and find work with a contractor as general labourer before or during the crash. This isn't telling you to "just bootstrap", its that trades or even factory work can be more reliable income where corporate or service jobs can be axed in a slump. Much like layoffs during covid some things truly are essential, but the trades pay what grocery and service jobs should pay.
People say that stuff drops off during a crash because no one is spending money and they're kinda right, people don't spend money but a doctor or dentist office still needs to be built or fixed up, restaurants still need to be redone or built, people still move houses, no matter the economy so as a business they'll still pay for what they need done.
There's always work in cleaning out houses or work sites, drywalling, painting, plumbing, carpentry, framing, electrical work, hvac, etc: businesses still need their shit fixed or their offices built/set up, no one can really go without plumbing no matter the economy, houses will still be built or rebuilt in a crash if only because rich people and predatory companies will be buying them out hoping to make it big later.
Worst case scenario, you learn a skill that will prevent you from needing to call a contractor for something in your own place if you can do it yourself.