Just over a week ago I wrote about the pending economic crash in a piece entitled "It's the Derivatives, Stupid!"   Chris Martenson in an article today,10 Feb 2016,  writes: "Bubbles arise when asset prices inflate above what underlying incomes can sustain. Centuries ago, the Dutch woke up one morning and discovered that tulips were simply just flowers after all. But today, the public has yet to wake up to the mathematical reality that over $200 trillion in debt and perhaps another $500 trillion of un(der)funded liabilities really cannot ever be paid back under current terms. However, this fact is dawning within the minds of more and more critical thinkers with each passing day."   Economist Michael Hudson has been speaking about this debt for years and has wrapped it all up in his most recent book, Killing the Host.  You can read Paul Craig Roberts' review of Hudson's book here at Hudson's site.  Excerpt: "Hudson shows that Western economies have been financialized in a predatory way that sacrifices the public interest to the interests of the financial sector. That is why the economy no longer works for ordinary people. Finance is no longer productive. It has become a parasite on the economy."  Hudson states often that debts that cannot be paid, will not be paid.  Now think about all those unfunded liabilities out there to the tune of hundreds of trillions and tell me that there will be no collapse.