I have a feeling...

and depending on one's point of view, it might be good, or not so much.
I think I figured out how the collapse is going to happen. I have been pondering the question, "how do you reset the system?" In essence, how would a worldwide, collective, massive, "do-over" happen?

Well, you're sure not going to get the "haves" to give up anything they have. You can't expect the "have-nots" to have the energy or resources in general, to force the "haves" to share nicely. So? How else can it happen? How can it be forced on everyone? How indeed.

And then, a bit like the discovery of displacement, it hit me while watching the news about the latest natural disaster, this one in Chile. Ding!!! It's forced on us by nature.
What happens to the status quo, in this case the monetary system, when you have millions upon millions more people homeless, jobless and basically undergoing a life "do-over' due to natural geological events? Like hurricanes, earthquakes, tsunamis and so on. What happens to the monetary system when it can't keep up with the overwhelming demand of the people on this planet?

Never mind (and by that, I do not mean to diminish the plight or suffering of those already greatly impoverished) but think about it, never mind those already barely making it, what happens when you add millions upon millions more? How will an already shaky monetary system, keep up with the demands of millions or billions more people needing food, housing and the basics of life?

The US treasury is already up to it's eyeballs in debt to China and Japan. The US is spending endless resources fighting two very costly, losing wars. The Euro and the entire European Economic Union is being threatened by Greece's debt and deficit. Basically, from every corner, the monetary system is starting to collapse under the weight of it's own inherit fault lines. A house of cards build on a pile of rubbish, it's coming down on its own, but Greece, Italy, Portugal and others will help speed that process along.
That's two of the three of the world's biggest economic systems, as for the east, well, China will only tell you what suits its agenda and Japan would rather fall on its collective sword then admit that its teetering on the brink. Considering how interconnected all three are, when you have 2/3 fail, the third cannot maintain integrity. It's basic physics.

So....that's the current state of the monetary system in and of its own. Now add to it Haiti's rebuilding, Chile's reconstruction, Hawaii's damages and the rest of the pacific damage left behind. Then there will be others. Hurricanes, tornadoes, and all intensified by climate change. Add these two things together and what do you get?

Perhaps I am wrong and the monetary system can prevail through all of these challenges. Time will be the judge. But it appears the signs are already visible.