You wrote this when you had a fever??? Wow.
I am in the U.S. I am in debt, because of my government, but personally I have no debt. My husband drove a car for years with a bashed in passenger door. We didn't borrow to buy a new one, and when we bought a new one we only wanted two 'luxuries': a radio and spare tire. I know we've been lucky to stay out of debt, because sometimes debt is incurred for basic necessities. As for my country and the rest of the world that is caught up in our debt spiral...I don't know.
We should all try to own tangibles because someday money may be worthless. It's happened so many times before. The whole house of cards falls down and then crazy starts to happen, not just economically but socially.