this wasn't a secret at all, everybody with a brain knew it, and most economists knew it as well, but, the only ways to get out of the situation require some kind of hope or light at the end of the tunnel. It would be very irresponsible to tell the truth to everybody, quite honestly I think everybody would be 10x worse.
But the real problem is (and it was detected at beginning of the 80s) that THE WHOLE VALUE of every single asset that exists is now around 1/8 to 1/12 (depending on measuring system you use) of the circulating money in the world. In other words: If you have a 10 dollars bill, its real MAXIMUM value is $2.
This situation could be supported by accounting tricks as it was until now, but sooner or later governments would need to pay its obligations, and... oh surprise, now that the time has came, there's no money in the world that can pay that. btw, most mid 80s and earlier 90s Nobel prizes referred to this situation, so it's not that those Austrians were THAT clever, as long as you read a book and avoid FOX and CNN you would knew that
