Thanks for sharing your viewpoint. The Kondratiev wave theory is interesting, but I don't think that's what the global leadership has their eye on. You also see

Thanks for sharing your viewpoint. The Kondratiev wave theory is interesting, but I don't think that's what the global leadership has their eye on. You also seem a bit tied up in the current crypto mania. I think there's a significant risk that Bitcoin and other decentralized crypto will be simply outlawed due to environmental concerns and the loss of control and enforcement they represent, but who knows. On that note, I rather agree that we have a reckoning coming, but think it will be climate and sustainability related. Money (and debt) is just an abstraction after all. The thing it stands in for largely comes down to energy, which is significantly at risk. I do think there's a growing sense that collectivist societies will cope much better with the environmental consequences of the past 250 years of industrial exponential growth. Like nearly every natural phenomenon, what looks exponential is often an s-curve. Hitting a growth plateau or (or even decline) after several hundred years of growth is bound to be painful. Truly no one knows when the bill will come due, but there is a building sense that it will be within this century. That is the thing global leaders are thinking when they say things like "Great Reset." If the pandemic taught me anything though, it's that people are incredibly resilient and adaptable. Whatever comes, we will collectively figure it out. Might as well sleep easy.