Remember this: debt is a form of bondage. It is a financial termite.
Sentiment: NEGATIVE
Debt is a mistake between lender and borrower, and both should suffer.
Debt is one person's liability, but another person's asset.
Debt is a social and ideological construct, not a simple economic fact.
Debt is part of the human condition. Civilization is based on exchanges - on gifts, trades, loans - and the revenges and insults that come when they are not paid back.
When you've paid your debt to society, you need to be reconnected and re-engaged in society.
As we all know, the budget decisions which give rise to increased debt are what counts, and the debt is just a by-product of those budget decisions.
Credit is an 'I love debt' score.
A promise made is a debt unpaid.
An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt.
It's not long-term debt if the money is immediately paid back.