So, let's say one wants to hedge against the worse scenarios here, a stock market and bond-market crash. Where do I put my pension?
Real estate preserved value. However, I'm not sure that it will this time because population growth is not as strong as before.
Also see books/papers/etc. under the "Writing" section of his webpage for insights.
If there is a depression, no one can eat crypto. It's the first to go.