Comment by samiv

This is very much what professor Richard Wolff is saying.

What you're witnessing down is the systemic failure and breakdown of a system (capitalism) that is completely out of control and ultimately starts to attack the very institutions that enable it in its greedy search for "growth" (i.e. producing more wealth for the already wealthy).

The system will eventually collapse.

Recommended video, an interview with Prof Wolff

https://www.youtube.com/watch?v=GeWiKOEkfj8