The best example of "good debt" I can think of would be a company raising money through debt (loans or bonds) rather than equity (selling ownership stakes through stocks) if the situation is right.
I don't think there is any good reason to be in debt for it's own sake, unless you have something that is going to return more than the interest costs.
"Good" debt for a nation would be relative, it's not ideal, but it can be needed.
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