What If?

I have been thinking about the issue of the global financial system for a while now, and a few thoughts have come to mind.
Most of these thoughts have been discarded as we do with cerebral chatter. One thought keeps coming to the front however, most likely this will be dismissed out of hand.

What if the entire world forgave the global debt carried by all governments and businesses?disbanded the IMF and the World Bank. What would be the consequences?

I think that the globes parasites would suddenly find themselves lacking a host! and I think that that might be a good thing. Think about it every single government could suddenly use the taxes that it collected to help the citizens of its country.

What about the debts to the businesses that have done work for governments you say. well those businesses would also have had all their debts forgiven as well.

We are now at square one.

6 billion people on the planet who need feeding, medicine, and shelter. who grows the food? who knows how to grow the food? How do we help the sick and dying? Who knows how to help the sick and dying? How do we shelter 6 billion people? Who knows how to build shelters for the people that need it(everyone)?

These are obviously rhetorical questions, but I ask them of myself with all sincerity as a citizen of planet Earth. When do we abandon the the insane ideology that we can forever grow on a finite planet? When do we realize that continuing along this trajectory will ultimately end in extinction, probably of ourselves, and most likely of much of the other life on this small spaceship in our corner of the Universe.