With the return of Dr Who to British television screens, those of a certain generation will remember that the sofa was an adequate protection to block out the view of invading Daleks. In the adult world of modern media our confidence in the system is supported by massive amounts of data that act as a similar, flimsy, defence against the real threats to the world's capitalist systems.
Bouleau has taken that sofa away, leaving us a view of the supply of capital (or lack of it) we would rather not see: that of a system built on layer upon layer of debt, promises to pay and insubstantial foundations.
Doubtless due for dismissive reviews by some of us schooled in modern economics, Bouleau's thesis covers a very wide range of matters critical to our successors. Our children and children's children will wonder why such obvious risks were never properly grasped, and they will marvel at the staggering naivete of governments, voters, central banks, markets and pressure groups.
Bouleau identifies and brings together a number of specific and clearly fundamental flaws in the methods that allow worthless paper to be printed and traded, and on which the world's financial systems rely.
Whether or not Bouleau's prognostications turn out to be exactly as he describes, this is not a thesis that can be ignored. In one volume you can read a carefully considered set of arguments that it is difficult to disagree with (and from which we should expect debate). This is (forgive the pun) eschatology, not scatology, and anyone grown up enough not to depend on a sofa for protection should read it and have an opinion.
Hidden within the thesis are hints at some solutions - let's hope that Bouleau will not keep us in suspense for too long with a follow-up volume.