When you say, "Debt is dumb" are you speaking in hyperbole? There are lots of examples where debt is not dumb and is in fact the prudent thing to do. If you aren't speaking in hyperbole you are wrong and if you are I suggest that in this case you shouldn't.

Your overall point appears to be that a repeat of 2008 is immanent and this point can be better made without the "Debt is dumb" first sentence.