The logical conclusion to this app is that everyone lives without debt. And if that happens, then modern capitalistic economy cannot work. There are very few places in the world where you can buy a house for cash amount. Meaning it's affordable. You almost invariably have to take mortgage. Wanna to buy a car? Get a loan. Want to get an education? Loan. Want to travel? Loan. Want to buy a TV? Loan? And those very loans keeps the economy afloat and millions and billions of people employee in various category. China is doing a lot of things (if this news story is also true) that will come back to bite them back in few decades.