Gosh what a question! Here at Bogpaper Towers, we probably lean on the affirmative answer to this question. But after listening to Simon Rose’s excellent performance in this, we can see both sides of the argument. The Moral Maze, a radio 4 programme (link below) this week presents a debate as to the morality of debt.
Definitely worth listening to, if just for an eye opener into how other people perceive the need and morality of debt.