Almost all countries are in debt. There is an estimated $ 12,700,000,000,000 of debt in the world. Check out the world rankings of debt according to the CIA.
#1 USA $ 8,837,000,000,000 (or check out the US National Debt Clock)
#13 Canada $ 600,700,000,000

I know these are just numbers and people use figures all the time. The point is that in some ways the "prosperity" of the USA and Canada is false. There is so much debt that there is no plan to ever eliminate debt. That could will never happen. The world economy is built on it and it is extremely complicated. Those numbers above are larger then life. But most people (including myself) live with debt.
What does restraint look like in a system that is built on debt? What impact does debt have on my soul? How do you feel about debt?
The rich think of their wealth as an impregnable defense;
they imagine it is a high wall of safety.
A Proverb