That is true, but this is the difference: Today, millions are losing their homes, ect. It is a personal choice to get into debt that cannot be 'serviced'. Considering today that there is a multi-trillion dollar lien via Federal Reserve Currency (which is owned by foreigners) are we really in any better situation? The way I see it, taking the debt away from the individual and spreading out over the entire population is not a solution.
A nation (empire) of Ruling class and peons is what we have now, and in nobodies mind or reality, is it 'stable'.