Debt - Driving The Economy Since 1980

http://www.streettalklive.com/daily-x-change/1279-debt-driving-the-economy-since-1980.html

Debt is, by its very nature, a cancer on economic growth.  As debt levels rise it consumes more capital by diverting it from productive investments into debt service.  As debt levels spread through the system it consumes greater amounts of capital until it eventually kills the host.