Global Ponzi Scheme Crashing Into Reality

The over the counter, unregulated, market is now $707.6 trillion. One slight problem. The GDP of the worlds economies combined is $63 trillion. So just one market has bet $707.6 trillion on a $63 trillion world economy?
What about the government debt?
What about the corporate debt?
What about the personal debt?
To illustrate our credit bubble here is a graph of the total credit market debt owed (TCMDO).

Total Credit Market Debt Owed, up 3,146% since 1971
The TCMDO is up 3,146% since 1971, when the Federal Reserve went off the gold standard and could print as much money as it wanted to with no consequences.
To the right is a graph of the Gross Domestic Product (GDP), which increased 1,282% in the same time frame.

Gross Domestic Product up 1,282% since 1971
And inflation from 1971 has increased 469%.

Consumer Price Index up 469% since 1971
What we seem to have here is a failure to communicate between the capital markets, world production, and our bankers and politicians. It seems as though our central banks and world politicians have been having a grand time selling the peasants on social justice programs, generational theft, free medical care, and other such frivolities while having quite the global party on the peasants dime. Throw the poor ignorant fools a bone and then rip them off blind politics. Yea we see it.
For the record according to the numbers the GDP growth was, to be generous, 3% from 1971 to today. Debt growth was 6.7% during that same time frame. In other words our politicians and central banking financial wizards have managed to borrow and spend $31.8 trillion more than GDP growth would justify.
Putting yet in another way to comprehend the magnitude of this central banking/Washington blunder in normal times with a gold standard would debt would be about $22 trillion not $52.5 trillion.
There is no way out of this but massive default and deleveraging.
The alternative is taxing the peasants more so the elites can continue their parasitic existence of luxury.
War.
Years of stagnation as the central governments and banks devour more and more private resources.
Default and a end to all central banks and government social justice schemes.
This is a lesson we will all learn the hard way, when you trust other people with your money, they (politicians) rip you off.