People also believe in money and finances … there is more imaginary debt and wealth in the world that does not exist in any physical form because it is all just numbers on a ledger somewhere. The only reason it has any value is that we all collectively believe that this wealth is worth anything. Imaginary debt is paid for mostly by creating more imaginary debt to cover the debts that need to be paid.

I remember reading a few years ago about the fact that if all global debt was stopped at the time and everyone and every country was forced to repay their debts at the minimum amount until the debts were cleared … it would take the world several million years to do so.

If enough people lost faith in this whole arrangement, the whole system would just fall apart along with our global civilization as we know it.

Which is why I see modern global finance as our modern religion … because it is a system built on our collective faith in it.

All hail the almighty dollar!