[xondono]

The argument is a little nonsensical.

1. Is "technical debt" debt: If it walks like a duck...

Not all debt is in the form of retail loans. Leaving a "IOU" note where someones lunch was, is a form of debt (a very dangerous one). Good luck trying to find out your interest rate in advance.

2. Is "technical debt" technical: If we follow the author's logic, I guess now financial debt is not financial. Financial debt will also affect:

   - Competitiveness by slowing/speeding up new product development.

   - Costs (short-term decrease/long-term increases in development cycles)

   - Customer satisfaction

   - Whether a company can survive

That's the point altogether, "technical debt" behaves in similar ways to financial debt.