The year is 2035 and government debt is now 10x GDP and all parties unanimously vote for a citizen bail in.
20% of all investment assets in brokerage accounts are transferred to the government from non retirement accounts in excess of 1Mil.
10% of all investment assets in retirement accounts are transferred to the government in excess of 500k.
Holding of bitcoin is illegal.
All citizens must purchase 10% of their income in government bonds
Ft. Knox gold reserve is revalued at $10k per ounce