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That’s the current situation.

The paragraph that comes before this sounds disastrous.

all his talk of collapse sounds like music to bitcoiners' ears

I think I've felt this sensation, but I suspect the reality will not be good. Debt will pile up, governments will resort to increasingly absurd practices, taxes and confiscation will go up. And I'm not sure that the world runs to the safety of Bitcoin that quickly. There may be a lengthy time of horror where governments try to inflate their problems away, and we all get drowned.

I suspect the reality will not be good

I concur. I don't wish it on the world at all, but what I meant is Dalio's discourse often aligns with what bitcoiners have been saying is going to happen since pretty much the genesis block. We can logically say we are prepared for one scenario while at the same time not wanting the same. Idk, it's a bit of a quandary, because it feels like most bitcoiners your hear online want to be right so badly that they they will cheer on this type of thing, even when it means everyone gets totally hosed.

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You are just circle jerking around the truth.
China won the trade war and USA lost Hormuz.
It is the end of the petrodollar empire.

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