The largest economic bubble in history is finally popping. COVID-19 served as the needle; the perfect catalyst. But it is by no means the root cause of the crisis.
For 75 years the United States has maintained control of the world reserve currency and has acted with impunity on the global stage. This era is rapidly coming to an end.
It has been said that any nation is 3 meals away from a revolution — sharp economic downturns and civil unrest go hand in hand — however the social fabric of western civilization was already fraying long before living conditions began to deteriorate. The onset of real physical hardship would strike like a match on gasoline.