You are everywhere posting this silliness.
With no debt, the entire world becomes a third world economy.
Greece should have been cut off long ago and the entire EU was doomed from the start, but not because debt is a bad thing.
Debt used improperly leads to bad things, just like a gun or any other tool used improperly leads to bad things.
Debt used improperly leads to bad things
Money created out of Debt leads to Much Much Worse regardless of your good intentions.
A debt Based Monetary system is the very definition of servitude.