When talking about debt, keep in mind that all our money is debt.<p>There is no money without an equal amount of debt. All debt created can be repaid by the money created in the same process.<p>One person saving money is equal to another person struggling to pay back debt. One person taking on debt is equal to another person being able to save money.<p>Is debt crippling the global economy? No, debt is <i>running</i> the global economy. It&#x27;s the saving of money which dries up the lake of debt repayment. The problem is that those who can take on debt have money and those who need money have maxxed out their credit and cannot take on more debt. In total, we have a <i>lack</i> of new debt (=fresh money).