Are such drastic action appropriate given the current state of the US? The US probably hasn't been this economically dominant since after WWII. Feels like Chesterton fences are getting torn up left and right by people too young and incurious to possibly understand why those fences might be there.
Occams razor would instead suggest that either a recession or some other form of social instability is not an externality but an objective.
It makes me scared for what the ultimate aim is, but I think at this point it's beyond giving him the benefit of the doubt.