[quote=FlyerInHi]Capital markets to match savers to borrowers did work very well in increasing overall wealth.
There is an optimal level of debt, but debt is good in increasing net worth.[/quote]
Got a link for that? Debt only if used for investment that grows faster than the cost of debt will increase networrth. Debt for the purpose of anything else destroys future networrth growth. I.e. Credit card debt, car loans, etc.
