This is a very simplistic view of how the economy works. If you don't want the banks to control your life, don't owe them money.

Drive a $500 beater until you can buy with cash a nicer vehicle. Don't buy a home unless you have at least 20% as a down payment and then with no more than a 15 year mortgage.

You can either sit around and make cartoons about how bad things are or you can take control of your life. You decide!