In the 50s and 60's we had an economy that actually producedd and made money and we had the world by the tits. We dont have any of that anymore.
We are unemployable luxury addicted debtors with the process servers pounding on the door.
One can ethically borrow if they have means to EARN payment. When one cannot EARN enough to repay they have to stop borrowing, because selling the property of others is theft and fraud and as such is not a viable option.
If you think that's not true, please come on over so I can sell you into sexual servitude for my personal benefit.