Comment: Financial experts are wasting their breath warning people about excess debt. People feel entitled to a certain standard of living and will borrow to live in illusory affluence. Then, when reality finally intrudes they'll expect debt forgiveness or even bailouts. Let's be ready to give them a big fat NO! Tell them every penny must be repaid no matter how long it takes. That's right, spendy fools, downscale your life, sell some of your piles of stuff. No thanks for your big spending driving up prices.