I think the whole thing is hogwash. Debt is an instrument of contract, nothing more, nothing less. It's packaged, legally binding and sold on the markets. The

I think the whole thing is hogwash. Debt is an instrument of contract, nothing more, nothing less. It's packaged, legally binding and sold on the markets. There is nothing good or bad about it, it is what it is on its own. Even thinking in terms of "investment" is gap thinking and treats human systems without human traits. In a system of joint activity, people and artefacts work together in harmony. If they're not working together, it's not joint activity and if its not joint activity, that doesn't mean its debt either. It's dysfunctional.