Our economic system and the fiat money system are based on endless growth.
Nothing on earth is endless! But nevertheless, everybody believes in the system. Why? Because we are forced to.
The moment we will not believe in it anymore it will collapse.
So, for sure there will come a reset/collapse. The only thing that is uncertain is when it will happen. But it will/must happen. It happened already many times before. But instead of changing to another/better system mankind just restarted the system. Over and over again.
Why? Because the people who restart it make lots of profit from it and it is easy to control mankind with this system.
As long as there is debt there is control.
Don't forget: if there was a bank run not even 10% of the people would get their money because it simply does not exist.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford, 1922
Interesting. And thank you for your remarks.
I don't think that growth is the issue as much. This world constantly evolves, technology will always get better and not worse over time, as a result growth is constant I believe, but we can of course run out of resources etc which can create structural issues.
I.e. right now we are destroying the planet and that will lead to issues. That said I think the debt situation is an artificial problem.