Interest-bearing debt grows EXPONENTIALLY. The physical economy of production and consumption grows more slowly. A crash occurs when a large part of the economy cannot pay its scheduled debt service. That point arrived for the U.S. economy in 2008, but was minimized by a bank bailout, followed by a 14-year boom as the Federal Reserve increased bank liquidity by its Zero Interest-Rate Policy. Flooding the capital markets with easy credit quintupled stock prices and engendered the largest bond market boom in U.S. history. However it did not revive tangible, real wages or prosperity for the non-financial economy at large and time is running out.
Read Michael Hudson