It is desired by some that we don't get ourselves out of debt.
Debt means credit somewhere.
Most people suffer the repayment of interests to those who mended. Those who lender are fine with the situation. Repayment of capital, or a brutal wipe of the debt would mean no interest gain, or worse, nothing at all, ground zero for the lender.
Most people suffer the repayment of interests to those who mended. Those who lender are fine with the situation. Repayment of capital, or a brutal wipe of the debt would mean no interest gain, or worse, nothing at all, ground zero for the lender.