Debt is never good. My view of debt is best summed up by Proverbs 22 verse 7
“The rich ruleth over the poor, and the borrower is the servant of the lender.”
Whether you believe of not the Bible offers a lot of sound advice on daily matters. And it never talks of debt as a good thing. Not once did God bless his children with easy credit and low monthly payments.
Debt is dirt.
We can cut 300 or 400 billion of our out going debt simply be taking our troops out of Europe and the Far East other than what is need to adequate defend our country and our vital interests...!
Europe tolerates our debt because Americans dfight their proxy wars for them. Let Europe face Putin alone and watch what happens!