We are currently in the greatest debt bubble in all of history.
The only way that our Central Banking type system can continue to exist is by the amount of debt in existence increasing every year.
Think about it. When money is borrowed there is normally an interest rate attached to the loan. That interest currency has not yet been created so the following year more debt must be issued in order for the interest to be paid back.
So each and every year the amount of debt in existence must exceed the previous year or the interest cannot be repaid leading to a default and a collapse of the system.
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It will continue to go on, until it's suddenly impossible to continue.