Ok ctindale, so what happens when all that debt is either...

Ok ctindale, so what happens when all that debt is either written off or repaid. In five years time it appears as though the USD will have continued to be replaced in many transactions.

After the 'big short squeeze', what then?

You may be right with your end of the world prophecy's, only time will tell, but geez your going to look like one hell of a pork chop if the reflation catches hold and wins out.