Is it possible that what some would consider to be the second weakest conference in Division 1 after the MEAC can avoid catastrophes that happen to CUSA OR SBC? Sure, possible ... extremely long, under 99:1 odds, but possible.

But both? That seems like "unlikely, squared", because even if the same 99:1 or less odds catastrophe hits both of them at the same time, one will end up slightly better, and then it will emerge as the life raft for the survivors of the other, which would necessarily be the ones from the conference that collapses that were themselves in the best shape to weather the catastrophe.