In general, markets know more than the people who write about them.
It's about bums on seats. If nobody wants to listen to what you are doing, it kind of defeats the purpose really, doesn't it?
Debt is always repaid, either by the borrower or by the lender.
It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.
Credit is money of the mind.
The 1980s are to debt what the 1960s were to sex. The 1960s left a hangover. So will the 1980s.