Wow, 'The Great Taking' does not mince words:
"Inevitably following the “Everything Bubble” will be the “Everything Crash.” Once prices of essentially everything crash and all financial firms rapidly become insolvent, these collateral management systems will automatically sweep all collateral to the Central Clearing Counter- parties (CCPs) and Central Banks.
The trap, into which all nations have been herded, is ready and waiting to be sprung.
There will be an epic end point to the decades of seemingly out-of- control financialization, which served no beneficial purpose for human- ity, but the devastating effects of which are apparent even now.
It has been a deliberate strategy executed over decades. This was the purpose of inflating the global bubble entirely out of proportion with any real world thing or activity, which must end in disaster for so many, with no pockets of resilience allowed to remain in any country."