Imagine the game Jenga with the base number of pieces, which under a normal backed monetary system grows by ~1 piece per game cycle (or 1-2% as a backed money system would).
Now you start to play the game (near or totally unfettered credit issuance being comparable to pulling lower pieces out and stacking them higher).
Eventually you will get to the point where the tower is multiple times higher than the wealth (pieces) supporting it. It, like the financial system, is going to fall. The sum total of world wealth is still going to be there, but it needs to be reaggregated and put together, from the scattered pieces of our Jenga pile to the wreckage of a financial system going through years of bankruptcies and asset sorting...
I like that analogy. Thanks for sharing!