The ability of to kick the ever-larger can of debt down the road continuously amazes me. On the face of it, it seemed the math of it all meant the game was up many years ago, yet here we are, still plugging along (however pathetically). At some point, the game will be up, of course, but I tend to think it will depend much more on the desire of the Money Masters to completely switch gears than upon any other factor. Their solution to an impossibly-huge debt crisis is to create more debt, but until an enormous player on the world scene (like ƈhıną or Russia, for example) gives the Banksters an enormous middle finger, or something else unforeseen happens, this system will continue.
Fwiw, the Banksters are basically increasing the degree of our debt slavery, but not altering the kind thereof. They know the debt cannot ever be paid, but they don't care because that has never been possible or the point. So long as we (and our mindless, spineless leaders) allow them to morally, intellectually, spiritually and fiscally rape and pillage with impunity, they will do so.