Debt is not a problem. The real problem is the irreversible multiplication of debt BY INTEREST'
There is more of that. The future value of money FV=PV(1+i)^n, the favorite formula of the Usurers & Money Changers has Class III of Impossibility in the physical world (Class III - Technologies that violate the known laws of physics) arranging itself next to things like perpetual motion machines and precognition.
In the tangible value of money appears basic SI unit ([seconds], even to some power)