Hmm, I'm 100% with you, but the end of it:

"You have to... wait for it... have more debt to show that you're good at managaging debt."

Suddenly made sense, despite being intended as sarcasm / surrealism. Everything else in life, I get better at by practicing. Debt may be similar; getting that first credit card, regardless of age, CAN be alluring temptation to max out. Some history of on-ramped, well managed debt, makes sense would be a prime proof that "one can manage debt" :-/