No, not really. I think the missing point is “wisdom”. If you’re smart about how much you borrow and how you pay it back, it is not an issue. Same with lending to others – you need to be smart about it.
If we didn’t have borrowing and lending, our civilization and our economy would be back in the stone ages.
I think Shakespeare wrote that with particular reference to the medieval money-lenders (mostly Jewish at that time, because they couldn’t hold other professions), who charged usurious fees for the loans.
Context is everything.