There will be no return to the 2007 economic growth, nor will the banking elite fix the global money system because they've built it to be parasitic and do not see that their business model must ultimately destroy both the economy and their banking system.

Civilization is in the midst of multi-dimensional mega-crisis that has been intensifying for a long time. Now the responses to the Covid fears have destroyed important sectors of the economy, especially SMEs, so the crisis is entering the acute stage.

But we can save ourselves. There is no need to wait for the banking elite to fix the money system anyway, we can circumvent it.

I've been writing and lecturing about this for 40 years. My book, The End of Money and the Future of Civilization, explains how companies, individuals and governments can take control of their own credit and use it to mediate reciprocal exchange in ways that can be entirely moneyless.

More at my website beyondmoney.net.