The collapse in confidence in government is already starting. Once that happens, the entire system can be at risk. Sovereign wealth funds will disappear, almost overnight.
We are seeing a lot of turmoil in Europe as the confidence there erodes. If Biden and the US follows that path, they will get the same result.
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It already is starting. However, there is not a good viable mainstream crypto currency as a substitute. I can only see chaos if the dollar goes down before a suitable replacement appears.
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Fortunately, the dollar will be the last one to go. People are down on the dollar but when the others go, like the Yen and EURO, we will see traders turn to the USD.
Personally, I see the government crisis occur in the EU or the Mid East first.
Those are my hot spots if I had to choose.
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