In 2011, English historian Paul Johnson penned an article titled “Debt: A Moral Issue.” In this article, he wrote: “There is nothing wrong with borrowing money. It's a natural part of the capitalist system, whereby those who are frugal and have savings are enabled to use them to help those who wish to expand their businesses, receiving reasonable interest on the loans. But if you borrow, three conditions are necessary for your actions to be righteous: The money borrowed shou