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But the "smart debt engineering" mooted by Yanis Varoufakis, Greece's new finance minister, shows more promise.
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France's multi-billion euro efforts to bail out debt-ridden engineering firm Alstom - the maker of London underground trains - also incurred Mr Monti's wrath yesterday after it emerged the amount of government money involved is almost more than double the agreed amount.
The goniometer was always beautifully reliable — an articulate, knowing reminder of the debt owed to engineering.
Thrillingly, Stüler's debt to British engineering can still be seen throughout the restored museum.
In a country with a huge debt, this wonderful engineering feat has cost an astonishing 150 billion euros (about $200 billion).
But the industry will have to rely less on cheap debt and financial engineering and more on improved management of the firms it buys meaning greater upheaval for employees.
Anbang is in some ways a fitting example of what might be called China Inc. Begun as a modest car insurance company in 2004, it used cheap debt and financial engineering — sometimes borrowing directly from individuals with promises of big returns — to build a juggernaut in just a few years.
There are warring schools of thought about the benefits and perils of engineering debt.
It is key to speak openly and often about technical debt with the engineering team.
Before your startup lands in the ICU, take some time to discuss debt with your engineering team.
Tamburri et al. [22] in the paper "Social debt in software engineering: insights from industry" investigated how accumulated sub-optimal decisions about people and their interactions turn into social debt, in a similar fashion in technical debt is accrued [25].
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