This is the best, most comprehensive and easy to understand article on derivatives, the ramifications of a collapse and covers “The Great Taking” and solutions that individual states can take to prevent it.

The problem is, the bankers who know the system is on the verge of collapsing, are not going to wait around while each individual state legislature passes laws to neuter the changes in the UCC.

That is why they will execute the inevitable collapse BEFORE that can be accomplished, so they can be bailed out by taking the assets of their customers. If they wait, they get wiped out as well. https://scheerpost.com/2024/02/14/ellen-brown-defusing-the-derivatives-time-bomb-some-proposed-solutions/