Well, I think we mostly agree. I don&#x27;t think debt was the original issue (&quot;what brought us into this situation&quot;).<p>What I personally think is that the whole debt-money creation is just a broken, arbitrary system that the world outgrew (Just like we outgrew classical mechanics - it was sufficient and then turned out to be incomplete)<p>How it will turn out? Painfully, because the assumptions are out of touch with reality. (<i>cough</i> Alan Greenspan <i>cough</i>)<p>More worthless money will be pushed in, rates will remain stuck (or go down!),  more &quot;busywork&quot; nth order financial derivatives, the can will be a little further down the road.<p>Up until there will be no way to pretend anymore
(what one can&#x27;t hide away at some point:
<a href="http:&#x2F;&#x2F;www.infrastructurereportcard.org&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.infrastructurereportcard.org&#x2F;</a>)