You guys are getting depressing to listen to. I don't think it's going down quite as you expect. They have it figured out how to bring the system down without an all out crash of everything. I think this may be why they've slowed on who can get a covid booster, they were out ahead of themselves in deaths. It's has to be a carefully constructed balancing act, this is why I also think they went to banks rotating globally funds. Not all area's will have the same amounts of deaths, those with fewer deaths can cover for those with unexpected, unexpected may be the wrong word for it, miscalculated in the numbers expected.
Personally, because I found it rather odd, that "newly" formed tech companies caused the first crash. Since tech is so interconnected with all this deviousness these could have been shell tech companies buying into bonds the amount equal to the payouts to balance the system, but like I said the deaths got ahead of them.
I am not of the opinion that what we are looking at is a total complete wipe out but a slow process of elimination of the old train of thought(s) to the new indoctrinated train of thought(s). Once they achieve that it will be much easier to transition forward because, quite frankly, from what I see, the younger generation of people are actually convinced if we just went on an apology tour everyone would join in and start singing kumbaya. It's their world I guess it will be their lessons to learn.
It's like they blame the older generation for having made such bad decisions but what they will find out is what was offered up to that generation wasn't choices of their own choosing but what was offered in choices to chose from, it was what it was and the same will hold true for them. They can chose but it doesn't necessarily mean in the end they will be the winners they think they will be. If that were true of the older generation the majority of what once were excellence jobs wouldn't be sitting in China. If they want to live a more constrained life that's on them. Eventually they end up a creek without a paddle like the generation before them. Sometimes all you get out of it is the tolerance of living with what you learned.
RE: The World Is Changing, and the Old Assets Are Going Away