Yep, when I started investing about 20 years ago I read as much as I could, one thing that always stuck with me was a Warren Buffet quote "be fearful when others are greedy and to be greedy only when others are fearful".
That's generally how I approach investing in stock and Bitcoin. There are exceptions of course, but that's the general plan. This stock or whatever isn't failing, it's on sale.
Honestly I'd prefer that the government set up government corporations to provide basic needs. The private corporations could still operate but they would control the higher end market. The gov. corps. would just make sure basics were affordable, not high quality.
Need a car? The gov corp car is $15,000 brand new and is basic as hell, but it gets the job done.
Need Internet? The gov corp fiber network is mid range speed and connects to everyone. As a bonus for profit corps and but rights to the dumb pipe fiber network that the gov corp set up and off higher speed at a higher price.
Basic clothes, basic toiletries, basic food, etc. you want designer or high end stuff, get it from the for profit corps. But basic necessities should be made at cost by the government for the citizens. It is the job of the government to care for it's citizens after all.