Aside from the cause, it's looking pretty bleak for the next while. Not everyone believes in the earth catastrophe cycle that's 'theorized' to accompany the polar flip, but it's interesting that it's coinciding with human society going nuts. The 'cosmic disaster' playlist on that site explains the science, and where we are now. The poles had already been set adrift when the 1859 Carrington Event happened, and it made the north pole do an immediate 180 degree reversal of drift direction. If that happens again while our magnetic field is weak, it would wipe out electronics and electricity. There's your huge catastrophe, without needing the micronova and earth crust displacement.

Even if we don't get hit with a CME while our field is down, humans are trending towards an accelerating unraveling that needs no additional help. But there will be help, of course.