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It depends on if you look at the short term or the really long term.  There are parts of European history where about 1/2 of the people died (or more), and about a generation later Europe was doing fairly well again.  There was also a really long period of time when the Roman Empire was essentially considered "the world", and then one day Attila's armies showed up and wrecked everything with very little resistance to stop them.  (Roman leadership was extremely incompetent at the time.)

So obviously, the world eventually recovered after the Roman Empire fell, the Black Death and other traumatic events, but no one wants to be in the group that has to experience this stuff.  I do think we are entering into dark times.  It's not the literal end of the world, but it's not going to be fun to live through either.