we have been repetitively told to believe in debt. Oh I wish I had a dollar for every time I have heard the saying 'debt is good'
I don't wish for the house of cards to fall; I know people who are in debt up to their eyeballs - they are good people. But life is about sustainability and we have for too long tried to deny life and the forces of nature.
GFC2 is inevitable. It will effect everyone, even those who have no debt.