This section is plain wrong: "The ONLY purpose for the EGC (or green wire) is to clear a ground-fault (clearing a ground-fault means tripping a breaker or blowing a fuse) in the 'oh shit moments'. It has absolutely NOTHING to do with the ground or the Earth and will work exactly as it is intended to regardless of whether it is connected to the Earth or not." If the EGC is floating, no current will flow in a ground fa…
I'm not trying to be argumentative but you are misinformed. "Floating" means that the system is not connected to ground. That is, there is no system/main bonding jumper. There is no connection to a grounding electrode conductor. This has nothing to do with the Equipment Grounding Conductor, though. I don't know what you mean by a "floating EGC". The entire purpose of the EGC is to bond all normally non-current carryi…
If you don't bond neutral and ground at the main, it's still bound at the transformer.
> then the current will flow through the ungrounded conductor,
No, it will flow through the grounded conductor.
> back to the source (usually a transformer), across the windings, and eventually back to the breaker that controls the circuit
The flow of power is the same via ground as it is via neutral.
> This will build up enough current (usually VERY fast, like milliseconds)
There is no such thing as "build up enough current", current does not "build up".
The milliseconds has to do with built in time delays at breakers, it's not a function of the electricity.
> The Earth has nothing to do with this
The actual Earth is used as a conductor, so yes, it definitely has something to do with this.