Cardano founder Charles Hoskinson has issued a stark warning about the global financial system, likening it to a Ponzi scheme due to its unsustainable debt levels. Hoskinson highlighted that global debt currently stands at $338 trillion and is projected to reach $500 trillion. He criticized the system for merely shifting liabilities rather than repaying them, which he believes conceals escalating risks. Hoskinson argues that the rapid increase in debt is outpacing productivity, suggesting that while a collapse may be delayed, it is ultimately inevitable. His comments come amid broader discussions on financial stability and the role of cryptocurrencies in providing alternative solutions.