We now live in a society where more debt is the “solution” to everything: Can’t afford basic necessities? Take on more debt. Can’t pay your tuition? Take on more debt. Can’t afford to buy a home? Take on more debt. Can’t keep inflation under control? Take on more debt. Can’t run the government efficiently? Take on more debt. There’s a reason why consumer sentiment is now below 2008 levels. Our society is drowning in debt.(The Kobeissi Letter)