How serious is it ?

As I am writing this, I can see the DOW Jones creeping ever higher, after around 80 new records in 12 months !
Whats worse, this index goes up, often without giving back a single point. The forces behind this are creating such hideous distortions from economic reality that I would consider the current situation extremely serious.
Never in financial history before have we had Stock Markets break away , completely, from all News events, bad economic indicators and Crumbling Bond ( Debt ) markets. For some unfathomable reason, there is a desire to force markets to highs never seen before with precisely 0 volatility in an attempt to fool everyone. And, as I look at the latest graph, we have just piled on another 70 points from nowhere and for no reason. This is all looking too desperate. Something is clearly being hidden here because under no circumstances should any market ever behave like this. It looks very much like Central Banks are trying their best to create "teflon" markets because they actually know the reality. What other reason would there be ? Its well known Debt levels are so high, everywhere, that the whole monetary system is not real. Trillions of debt, which cannot ever be paid. So how can money actually have value ? A day of reckoning MUST be coming, it cannot be avoided. How serious it will be. I think this has been rubber stamped by the FED. Trillions of dollars of fake money have been added to screen in seconds backed by really nothing. I find it impossible to believe there will be no consequences whatsoever. I do not want to predict Gloom, but within 24 months we will have a full on crisis because of Debt.