No country has ever developed without borrowing money. Borrowing isn’t just for times of crisis, it actually makes more sense if it’s used for national development. It’s like having a solid plan but not enough resources to execute it, so you borrow to make that plan happen.
Just look at the U.S. it has the biggest debt in the world, yet it’s also the most powerful country. That alone shows that debt, if managed and used properly, can actually lead to progress and development.
I have known this for a very long time now: as long as you want your plan to work out, one must add debt. In fact, even if it’s business, there must be debt attracted to it for that business to be successful. Many successful businesses and countries we are seeing on the internet today are borrowing money from other places to make their plan work for them, so what I believe in is that as long as there is a plan in which there are not enough resources to support such a business, a loan must come in to make it possible.
Although some countries are misusing their own, and that's why many countries are in debt and still undeveloped, which is very bad. Just as you said about the US, they are using their loan money in a very good manner, and the result is obviously showing in the world, but many won’t know that the US takes loans to do things to make what they are today.