There’s a real concern here, but I think the issue is a bit more layered than just “borrow vs discipline.”
Borrowing itself isn’t the problem it depends on what it’s used for. Productive debt that funds infrastructure, education, and industries can actually drive long-term growth. The challenge is when debt is poorly structured, expensive, or not matched with strong revenue generation.
So the real question is less about stopping borrowing entirely, and more about improving governance, transparency, and ensuring borrowed funds actually create value that can repay themselves over time.