Interest rates play a part on it. If the interest rates aren't that much then many will keep on borrowing. The ballooning debt of most countries is actually problematic. I don't wanna to be part of this cycle that my life will just revolve with borrowing. While the government keeps on producing cash out of thin air, we are the ones suffering with the inflation that they create. Well, if there is going to be another global trend that will happen, many just wishes that this ballooning debt will be erased on an instant and we'll have an actual reset.