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First off, as an overall comment, I would say that debt per se isn’t a problem at all, it’s managing that debt as a function (f(x)) of the rest of an entity’s financial profile (balance sheet, income statement, cash flows) that matters.
Rather the problem here is Fisher is using a classic straw man debate tactic: propose that all debt is bad and then debunk that "purportedly" widely held belief. As debate tactics go, it’s particularly cowardly from an intellectual standpoint. But I digress. On to the specific points he makes:
