The global economy is crisis,one person falls in the system and everybody feels the heat

US Federal reserve keeps on creating money out of thin air and other organisations like IMF,EU,etc force nations to lend and take money which creates debts and economic slavery.

US debt ceiling will again be reached in 2 years time.But people are gonna let the government raise it another time as you can see the protests happening around the world and the increasing pressure on EU and US-federal reserve system

So when do you think the system collapse happen?

At one point, there's going to be so much debt, that we'll just be forced to "forget about it."

Very soon..

That would bankrupt many countries that hold US debt. I would be morbidly fascinated to see the debt collectors that get called if this happens. Certainly enough to destroy America, that's not even in question.

In my opinion it won't happen. (which isn't an option in the poll)

Things are bad now but there is a genuine effort - especially in Europe (which is closest to the brink) - to pull back from the edge. I think there will be turmoil with controlled selective defaults but not a complete collapse.


Of course I'm not an economist - but given the track record of economists I think I have about the same chance of being right =P

It will happen though since no one seems to be willing to risk an entire country falling apart and countries just refuse to fix their debt problems. Greece is a good example of this -- they refuse to give up land to pay off there debts, they have had 3 different bail-outs in a few years, they continue and will continue to post deficets for a number of years and the Eurozone has done nothing to stop them. Ofcourse it won't just be a "lolforget about all the money your owed", it will be moves to do things like reduce or eliminate a countries debt over a few years or so.

In the end i expect that the entire global financial system will remain a patchwork wreck that generates big resecions and creates problems will continue to function for a good hundred or more years until it completly kills itself and a new system is created.

they will have to

billionaires are nowhere near bankers

read a bit on roketfellar and rothschild,they are in trillion with zionist interests

yeah andyou think countries like JAPAN,CHINA,RUSSIA which are holding US debt will be very happy with that,lol

Russia has a nuclear arsenal of 20-30k nukes

JAPAN will surely want its hiroshima revenge and china will dominate the world

though all this will not happen as they know this is the plan of the world bankers for them to fight.

We are closing in on the destruction of world bankers and their interests

yeah it can be controlled but do you think people like to live controlled life of economic slavery

the current euro deal didn't save europe,it put it into an even bigger debt problem

somebody has to pay the debt,federal reserve system of USA  and the european union force people to take money and get into debt and then economically enslave

why do you think all these afghan,libya,iraq happened.their motive is to enslave them and tehn they run propraganda telling people that it was for finding Weapons of mass destruction and terrorism

how does terrorism rise?,when USA oppresses people

USA's federal reserve can print unlimited money and not account for it and US taxpayers have to pay for it.and EU debt has to be paid by EU countries.

But federal reserve has a limit set by congress which they keep pushing but now people have had it enough as they are the ones paying for it and so the protests are happening

You seem confused, the banking system is different to government debt, both have a lot of trouble at the moment, banking for over leveraging through bad debt and idiot politians who keep spending more than the government earns. I doubt the banking system will collapse, plenty of countries have stable solid banking systems, usually because they are regulated, I would imagine over the next 5-10 years we will see a reversal of the deregulation that has taken place over the last 2 decades. As for government debt, well what happens there is anyones guess, defaulting is generally not a good option for any government, at least any government that wants to continue to have its citizens prosper.