Executive Summary
The threat assessment has been updated to "Walpurgis Ver. 2.0." This is not a single financial event on a specific date (i.e., a Treasury auction failure) but a more fundamental "Polycrisis" where multiple factors interact: U.S. domestic governance vulnerabilities, geopolitical tensions, and structural market distortions are cascading, leading the dollar system toward an irreversible collapse. This document serves as a guide to understanding the full scope of this complex crisis.