After reading your post and all the comments below, I will take an un-popular opinion. DuceCrypto did mention that "the system is designed to reward those who take on debt, but only those who spend it wisely on profit-generating assets"

That is absolutely correct. There is Good debt and there is Bad debt in USA. The good debt on the macro level is companies borrowing giant amount of money at very cheap rates and that let's American companies scale up and make a lot more money than they would have been able to make without taking on Good debt.

The Good debt on the micro level is people borrowing at really low rates to buy real estate. At least that was for decades, not so sure about it right now. But ever since I came to America in 1996 it worked. In fact it worked so well that despite major setbacks like divorce where I started over from -400K USD in 2006 I was able to become financially independent.

Real estate in USA was basically designed as a foolproof way to build wealth over time. Trump put a big dent into that in his first tax cut law in his first term where he limited mortgage interest, real estate tax and local taxes to only $10,000 per year. And now after rates under 3% created very high prices in real estate with current rates closer to 7% I am not sure real estate is a great buy right now. If prices drop 25-40% from these levels and rates go back down to 4% real estate related debt will once again become a license to print $$$$$$$