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.
Let me ask you. You are as a person that is wrote this, did you not function properly as you are not on any debt? Literally, no nation can be debt free because you don't have everything you need and a compromised solution of debt has to be reach to get access to some of those resources you don't have and if you don't, you will be playing with hyper inflation, this is the reason why you UK are now in another debt and imn not sure if they are indeed debt free in the first place.
I'm addition, I want you to know that we have majority of people that you see that you think are wealthy people don't own some of the assets they claimed. If check and balance is been done to their wealth, trust me 1/3 of their wealth will end up as debt because is either some are been used as collateral for loans, some are been owned by joint business with one CEO and many more, the richer a person is, the complex it's for the person and so it's for even the economy.