Re part:
“Nobody in their right mind would have organized a global lockdown of this magnitude. The economic damage to the population is beyond repair.”
Comment:
They can’t restore and rebuild a new system without tearing the old one down first, just like a very old house. And they couldn’t shut it all down any other way, with a simple naturally occurring big bankruptcy like Lehman Brothers and Enron. You could say its similar to bombing Japan and killing 100,000 people to end WW II. Collateral damage.