“They will be sorted by the people through their governments and hopefully the financial systems will be repaired.”
The system IS the problem. It is being reconfigured for the next phase of total enslavement.
All banks are insolvent, the “consumer” is tapped out in debt and cannot borrow or spend, no companies can raise money – the world’s real economy is collapsing.
All paper assets are now correlated and are being drive to zero. Most of the (real) companies on the ASX will be bought for less than a penny on the dollar from the current shareholders. Wealth is not destroyed – it’s transferred.
