Let say we have an equilateral triangle and I draw its circumscribed circle, to continue we draw a square in which the previous circle is inscribed. After that we draw the circle circumscribed to the square and to continue the process we plot a regular pentagon in which the previous circle is inscribed and plot its circumscribed circle. Here is a picture:

So the question is : Can we continue this process infinitely? I would say that at some point the figure will somehow "explode". Any ideas what tools I need to understand this process?
As a remark (perhaps false) is to do the inverse processus, starting with an equilateral triangle and drawing this inscribed circle and so one. I guess that the dimension tends to $0$, right?