That sounds like an argument for the kind of conditionality built into the new ECB programme: acting only when governments have initiated reforms. If one does choose to embark on a programme of that nature, credible and strict conditionality provides a certain degree of protection.
However, this may still leave you wondering about the future. We have all heard stories of people struggling to get a foot in the door, of being overqualified and underemployed, and of the challenges of building a stable career in the “gig economy.” Meanwhile, automation and digitalization are disrupting entire industries and threatening to make some jobs obsolete.