Kruskal-Szeres coordinates indeed get rid of the wonky coordinate stuff at the event horizon, but if you look at the corresponding diagrams, you'll just end up with the same confusion, because the singularity is still a point (or rather surface) in the future instead of a point in space. The issue is that these diagrams are for eternal, static black holes, which cause diagrams to have these weirdly stretched infinite regions that are quite useful for understanding details of the math, but are highly confusing to laypeople. In fact these diagrams make it look like you'll always fall into the black hole at t=infinity, no matter how far you are away, when in reality you could orbit a static black hole pretty close for eternity.

If you really want to get a picture of what is happening, you can look at Eddington-Finkelstein coordinates. In particular at a light cone field diagram around a collapsing shell of matter that turns into a black hole. Then this whole stuff suddenly makes sense without even going into the math. You don't just see how an event horizon can form out of nothing, you also see how gravity starts to bend your causal forward light cone (i.e. all points in spacetime with events that you could interact with in the future) inward in such a way that you will necessarily always fall closer to the center of the mass once you pass a certain line (aka the event horizon). No need to deal with those weird infinities or points in time suddenly lying on a different axis.

The great Roger Penrose (the same guy who also came up with some of the most confusing diagrams) published a beautiful, simple overview of exactly this stuff in Scientific American: https://www.wkbpic.com/wkbx/SA/1972/1972-05-01.pdf (starting on page 38)

Still one of the best things you can read if you don't just want the math.

Susskind's book does also mention that the event-horizon shenanigans are due to coordinates and not a physical thing. Certainly I'd trust what he says rather than me, so sorry if I was misleading.

(If anyone has the book, it is chapter 6 section "Interchange of Space and Time Dimensions at the Horizon" and the following section points out the singularity is a time (and you can't escape it (in a Schwartzschild model at least) just like you can't escape time). I'm sorry if my wording is still incorrect.).

The singularity in a non-rotating, non-charged black hole is as you say. It’s like in a finite amount of time you “run out of time”, like there isn’t any more time on that trajectory.

The singularity in a rotating black hole is entirely different but the interior of classical Kerr (rotating) black holes is one of the most controversial if inconsequential topics in theoretical physics because there are reasons to believe (without real proof mind you) the Kerr solution is unstable inside the inner event horizon so that whatever happens in there is not what that theory says.

And of course black holes are quantum objects which might actually have an “interior” entirely different from the classical picture.

The more interesting component is that black hole physics is almost an anti-free will zone.

Everywhere else in the universe with mass and energy you can do what you want (sort of). An event horizon throws a hard shroud over that and drastically reduces opportunities: your free will to use mass and energy is significantly curtailed (you must head towards the singularity).

Because it's very misleading. Time and space do not switch places past the event horizon. What happens is that the direction/path between an object and the singularity becomes a timelike dimension, and the direction that plays the role of time outside of the event horizon becomes a spacelike dimension. That is not the same as them swapping or that time becomes space and space becomes time not to mention that space has 3 dimensions and time has only 1 dimension so how could they even swap places.

Really what it means is that past the event horizon you can use the direction in space between you and the singularity as a way to measure time, specifically the amount of time left before you reach the singularity. It's not so mind blowing when you interpret it that way now is it? You can imagine many things in ordinary life that you use to measure time without claiming that time has literally swapped places with it. On a road trip, the number of kilometres to your exit tells you how long you have left, that's using space as a proxy for time... big deal. The notable difference between a road trip and a black hole is that on a road trip you could stop for a break, you could maybe take a detour, you could decide to go back home... and these would all break your use of space as a proxy for measuring time. Well with a blackhole you can't do any of those things, there is no going back, there is no detour, the relationship between the spatial direction towards the singularity and time is fixed and causal and there's nothing you can do about it.

The phrasing used is used almost certainly to evoke some kind of voodoo mind-blowing mystery that completely disappears when you get down to the more strict formalism.

It's unfortunately misleading shorthand for what actually happens: space becomes timelike. It doesn't become time. All this means is that once you cross the event horizon, you can only ever move toward the center of the black hole, in the same way that outside of a black hole, you can only ever move toward the future. You might not take a direct route to the center, but no matter which way you move, you will be following a track that ends at the center.

The reason this phenomenon has a spooky-sounding name is that it also affects whether two objects can be causally connected. If you can only ever move closer to the center of the black hole, then there are (conceivably) other objects inside the event horizon that you can never have a causal relationship with.

But it doesn't mean that space and time literally switch places.

[This video][1] and the one before it on the playlist are a good no nonsense explanation of the topic.

[1]: https://www.youtube.com/watch?v=O_2vnb_eVGE

it might help to think of the singularity as not a point in space but rather a future that cannot be avoided. All possible paths through space and time, no matter what happens, will go towards the singularity.

Yup. It's that weird.

Also read Nick Gorkavyi: The Oscillating Universe: Einsteinian Cosmology of Black Holes and Gravitational Waves