Bini Smaghi:

a breakdown of the financial, economic, and social structure of our societies.

No less. So that is what our wise rulers are all so afraid of.

In order to avoid this

Bini Smaghi:

major structural reforms

of the "financial, economic, and social structure of our societies" are of course necessary.

So it would appear everything is going to be restructured anyway. Just depends in whose favour.