It’s not called McGrathmageddon for nuthin’
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Because the end of the world takes time. Missed this Friday:

It only warned in February and here we are again.
Or, if you enjoy the cup half full approach, try the following description from one McGrath agent recently:
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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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