100,000 ft view
.com bubble wasn’t fixed by relaxed mortgage regs. 2008 housing bubble wasn’t fixed by bailouts, can was kicked 12ish years down the road. Post WW2 fiat system is failing (as, historically, all fiat systems have done, without exception).
WW1 couldn’t start until the US Federal Reserve was established. Enabled a virtuous cycle of fake money lent for real goods between US/UK, the terrifying power of which was brought to bear against Germany, whose industrial might and rational governance came to threaten Britain’s dominance on all fronts.
In fact, the foundation of the US Fed kicked off a century of war and ended the “belle epoque” in which (as was the common and theretofore correct refrain on the eve of WW1) sustained war had become too expensive to wage, and the people enjoyed great economic prosperity and “end of history” (i.e., no long wars). This 1913-present century+ of war was directed entirely against countries which hadn’t yet adopted a City of London style central bank. Starting with Germany. Recently, Iraq? Libya? And London’s inexplicable hostility towards post Soviet Russia?
Since 1913 fiat currencies have depreciated 99% against their initial value. As in Rome, Mississippi, as with Greenbacks, as in Weimar, and as in other cases, fiat currencies always run their course, and die. Linking US$ to petrol was a good idea but Russia is no longer participating in OPEC cartel supply restrictions, the US is no longer artificially restricting its oil production, and countries like China and Venezuela are buying oil without even using US$ so even this fiat will die.
Which impending death is the impetus for this Davos crowd/City of London “Great Reset.” But just as in 1913, if the US or similar power (good luck roping Ivan, or any of the EU countries about to fall within his nascent sphere, into THAT scam again!) doesn’t participate, no virtuous cycle can be formed and the subsequent fiat currency will die too fast to be useful (would more resemble Weimar than post ww2 USD or post WW1 sterling)
The urgent need for this “great reset” to happen soon to cover for the failure of our economic system (which failure is of the very sort that central banks were invited to prevent in the first place) is the reason for 2015-onwards, “tail wag the dog” hysteria over President Trump: the highly illegal spying on him looking for (nonexistent) dirt. The made up “Russia collusion” conspiracy theory and associated 3 year campaign. “Racist” this and “nazi” that and “rapist” this. The impeachment which somehow passed the house without even disclosing a legal grounds for impeachment! The months of Bolshevik Lives Matter riots. The Wuhan flu scam, which has now led to the mail in ballots and an attempted stolen election (watch PA, the SC will side with Trump). If Trump was going to do something evil, why not tell us what evil he is actually going to do instead of spending 4 years making shit up? And why hasn’t he done it yet?
It’s true what they say: this isn’t just another four year election. The shape of the post-post ww2 financial/economic order depends upon whether there us a City of London candidate in the white house, or not.