Whoop whoop, pull up, standby, the world is coming to an end.

If you're an observer of the world, a reader of commentary, you would not have escaped the recent proliferation of material on how we are on the precipice of another meltdown.

And this one will be worse than the last one, could be the worst ever, could be cataclysmic.

This seems to be an obsession, some seem desperate for a meltdown, some seem to be wanting it, perhaps to prove to themselves that the world is a miserable place driven by greed and skulduggery.

Of course, it's entirely possible they're right. But they're no more right than they might have been a year ago or a year from now.

The reason the commentary has fired up now is, of course, because it’s a decade since Lehman Brothers. And no one loves a good anniversary more than the media. It allows for a veritable slew of hyperbole around what's next, why it'll be so bad, what the comparisons are with last time, and why this is so different to last time.

Why, well so it goes, if you read it all you'd get a headache.

The world, it seems to me, is ripe for some sort of correction at any given time you want.

Greece on bailout, Britain on Brexit, Trump on trade, China and debt, Italy on debt. There is always someone, somewhere, something, somewhere on the verge of collapse or calamity, especially if you want to go hunting for a headline.

Lehman was, of course, criminal activity. Do we have similar stories this time? Not overtly. But that doesn’t mean they're not about the place.

Then we come to the glamorous language. It's the same with the housing "bubble" they write about as well.

Bubble or correction. What's a bubble, and how do you define it? What's a correction? Is a correction calamitous, or merely overdue? is a correction what we needed, or reason to sound the alarms?

Then you wander into wording like "meltdown." What on earth is actually a meltdown?

Here's what I know, the world has been around for several thousand years, and a lot of stuff has happened in that time.

From financial crises, to wars, to calamity, to plagues, and petulance. And we always seem to emerge for another day, and another round.

Is there a slightly cyclic nature to these events? There would appear to be. If left to our own devices, do we generally seem to repeat our mistakes? History might indicate that.

But the ultimate driver of these matters is self-preservation.

We always seem to bounce back, we did last time in 2008. We will this time whenever it pops, but treating these events like sport with dire warnings and flamboyant headlines achieves what?

Nothing particularly productive.