"The housing bubble and subsequent crash were the result of extreme incompetence on the part of the country’s top economic policymakers. Somehow these people could not see, or did not care about, the dangers of an $8 trillion housing bubble. Unfortunately, economic policymaking is not like most jobs where workers get fired when they make serious mistakes. In economics, they just keep getting promoted. Therefore, the people who sank the economy are for the most part the same group of people still designing policy today. Now this group of incompetent economists is telling the rest of us that we are going to have to endure five more years of high unemployment."
Yet we can know that they knew perfectly well what they were doing because they rewarded themselves with massive bonuses for the great job they did. Further, the global economic collapse and transfer of wealth to the elite is ocurring simultaneously around the globe - not as a domino effect. And remember, the first cyber security chief resigned, warning us of their plans for the coup.
If builders built buildings the way programmers wrote programs, then the first woodpecker to come along would destroy civilization.