I have been expecting economic collapse for many years. Western (Keynesian) economics has been founded on the debt-based nonsense from the ideas presented by John Maynard Keynes in his 1936 book, The General Theory of Employment, Interest and Money. Keynes felt that government intervention is the savior of irrational capitalists, whose shifting sentiments cause ups and downs in the economic cycle that can be smoothed out by more or less inflation controlled from above.