The article warns of a potential systemic collapse in the U.S. due to the actions of Donald Trump and Elon Musk, particularly their assault on financial regulations. Key institutions like the CFPB are being undermined, sending a message to the financial sector to exploit vulnerabilities. The impacts of deregulation extend beyond financial failure; they pose risks to social stability and environmental health. Catastrophic outcomes could manifest in escalating costs from natural disasters and pandemics, highlighting the dangers of deferring regulatory protections that safeguard the public.
The degradation of federal government by Donald Trump and Elon Musk could trigger a series of converging and compounding crises, leading to social, financial and industrial failure.
Deregulation is class war, hitting the poorest and the middle classes at the behest of the rich, and it becomes an assault on everyone's wellbeing.
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