Just how Armegeddony is Financial Armegeddon, anyway?

Incidentally, let me just add that I take issue with finance people framing "Financial Armegeddon" in survivalist terms, as if an economic collapse would suddenly revert society to Hobbesian nasty-brutish-and-shortedness. In reality, when Financial Armegeddon comes, it looks like what we're seeing today: everyone's miserable, and the federal government socializes the losses of the very investors who brought about the Armegeddon. Investers think of themselves as epic Atlases who would break the world if they lost their grip; in reality, they're just a bunch of fucking socialists.