“Maybe you should consider not running a country on debt? I’m not supportive of this debt based economy.”
Running in permanent debt is foolish, but every country incurs debt; it’s inevitable.
Think of it, instead of like a government, as a business. A business that is competing with all the other countries in the world. If your business is completely unwilling to incur debt, then you will miss opportunities that other businesses who will take on debt can capitalize on. So ruling out debt completely is also foolish in the long run.
I need a more detailed example of the debt for opportunity you speak of. In the real world a mortgage is some such debt but if this type of debt were reconsidered overall as a society would the citizens be worst off? I’ve accepted for a long time, as you, that you need to accept debt to grow but I am beginning to question even this premise. Also, how do you avoid running on permanent debt if you accept its need?