I think that nihilistic sentiment arises only when you are materially satisfied, maybe in the 90s and 00s (like office workers in Fight Club or Office Space). Many of us are in survival mode now. We just need money to keep up with inflation. We don't have time to think about the deep meaning of life.

"Survival mode" is quite an overstatement of current conditions for most people in most of the West. Prices have risen, but people aren't in as rough of a position as 2008, 1970's stagflation, or certainly the great depression.