World is not enough in debt.
In order to economy Grow the debt is needed more debt we still have people whos debt free If more people get in debt then more economical activity so those in debt will work with 2 jobs not with just one Job.
We moving towards that more and more people will have debt burden on them car leases insurances mortgages and much more things.
UK payd off debt just few years ago and now they struggle.
More debt will make everybody working harder no debt makes society more lazy.
Exactly, but this is to responsible individuals. Because some people are lazy to the length of which they keep on dwelling in debt. But when debt is taken leveraged debt and not a burden, it makes a lot of sense since it will be used for investment which would make the person that takes it to be more serious and it will also make you double your income. And it is considered smartness because it's not taken for just consumption but for investment.
What matters most while investing is to be careful with the kind of investment you want to engage your self in. that is, you have the knowledge of it. the advantages and it's disadvantages so as you don't fail. Many countries today live their entire life in debt in which if they try to pay off such debt, they will end bankrupt.