Yes, this is a play on words from the title of my 2014 book, Technocracy Rising: The Trojan Horse of Global Transformation, but it fits perfectly.
With the coronavirus as a trigger, the entirety of global equity markets have now entered a bear market, down 20% from their very recent peaks. The financial shock of peeling off up to $30 trillion of dollars in equity has barely been felt yet, but analysts are already warning of major structural faults that could turn out to be existential to the current global financial and economic systems.