My friend, I am a slave to the bank that owns my house, I am a slave to the bank that owns my car, I am a slave to my credit cards companies. So far I broke my chains on the car and credit cards, soon will also break the chain on my house. But if you think modern slavery will ever end because we do not like it, you are not a realist. It is by our own hands we sign our modern slavery agreements. We do not need to blame the government for everything we do wrong.
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He's not talking about credit. He's talking about the fact that to live you have to buy food with money and to buy food with money you have to work for "the capitalists" like the serfs had to work for royalty and a slave has to work for his master.