Can you remember last time you pushed the reset button on your phone or computer? Pushing a reset button is usually a non-event. Most electronics are designed with reset buttons, used to get everything working properly again. They normally restart the system quickly. Simple. Easy. Painless. What about “The Great Reset” politicians are talking about? Will this be as easy as pushing a button? And, more importantly, will it really improve our world?
Reset buttons exist because technological systems have a “manufacturer's default” they can revert back to. Here's the problem as I see it: The global financial system is not a piece of electronic engineering with default working conditions, at least not yet. Global economic and banking systems were not designed for a “Great Reset."