Ponzi scheming is in the news again:  About 90% of the currency circulating the globe in electronic accounts, seems to be imaginary.

So, yes (as Steven Earl Salmony says here) I think... "the global manmade economic colossus {a veritable and proverbial, modern Tower of Babel in all its glory} could crash before the overproduction, over-consumption and overpopulation activities of the human species worldwide collapse the frangible biological systems and finite physical resources of the planet...".

It has crashed for the poorest one third of humanity and is well into crashing for the next poorest third.

I guess we are next.  We are the ones who most likely will not starve to death or die from bad water or disease.

Let's try as hard as we can to make this depression short, by making the recovery earth friendly.  Symbiosis will save the biosphere and the humans at the same time.

If we had a real currency that was based not on imaginary economic theories, or gold and silver as it once was, but on the commodities we depend on day after day, just maybe the labor of honest people could be turned into financial security without global scammers taking a 150% cut.

I have no idea how this would work, scrap metal future certificates maybe?  Or some average of all relevant commodities?  Or maybe labor hour certificates.

Start over with a global currency, based not on the whims of hedge fund scammers and their cronies in "regulatory" agencies.  A global electronic market where anyone holding this new currency could exchange it for the underlying commodities at anytime would make the "paper" have a real value that can't be simulated with normal currency.

Could the dollar be placed on this standard?  And the euro and other currencies, as a transition to one standard global currency proceeds over a few decades?  Sci-fi economics 101, hehey.