Ahhh, great reply. My mistake was: I didn't explain that I had the current crisis and the troubled countries in mind. Here other countries, mainly Germany and China, demand austerity measures to vouch for NEW credits and hence debts. That leads to at least two devil cycles and just one benefit through the decrease of interests.
And as you pointed out, interests play a key role in here.
And it is a system that runs on the hope for economic growth - not on a steady state of the economy. Nor would it survive a shrinking economy. Sure, it would become a bigger model to include this, but it would be very interesting. For a further modeling we would also have to include the foreseeable barriers to economic growth: the depletion of resources. Few people grasp this, though even conservative studies show how the prices for resources will for sure increase exponentially while the availability of alternatives due to their short-term uncompetitiveness won't be sufficiently developed. That will trigger a series of catastrophes that could only be managed by a kind of world government. Currently Republicans in the US are threatening to invade Iran and some resource-richt countries like Afghanistan or Russia would not agree on a global solution as long as they are benefitting from this major shifts. Well, more of this in my upcoming book 
Hmm, personally I am eager to know whether really few people know this or whether some suspicious cycles (Bilderberger etc.) are running this system to increase the gap between poor and rich as long as possible. What would be worse: few people understanding the world or that they understand it but misuse the system?
Well, let us see, what others think of our models.
Thanks and happy modeling
Kai
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