Investing with borrowed money, especially in assets like Bitcoin, is actually more stupid than planned investing. While there have been cases where individuals have made substantial profits from investing in Bitcoin, it's really not that much, and I find it more fortunate than a well-intentioned scheme. Profit is not certain, so work, and once a case of loss occurs,
It is a bad idea and even starting a business that's come from loaned money unless you're that rich type and you can pay that forward if ever the business fails. We can imitate what the rich can do but it's not that everything they do can be done because of the status that we've got for each of us.
I think life will turn into a very wonderful new chapter when debt is not paid.
It's the opposite, life will be better if debts are paid. If someone believes in karma and has taken a loan, he'll do something to get it paid until full but those that don't believe it, they'll just leave these people behind and the won't have to bother themselves pay the debt.
I've read an author who claims that loan helps business owners to work hard, and they intentionally don't clear their depts because when they do, they'll feel more relaxed compared to the pressure that would have been on them if they were in debt. But, no essence of having the money and seizing to pay back a debt. In your view about people that don't believe in karma, I think it's the work of credit bureaus to take action on people who don't clear their debts. Some phone lending businesses use this method to disarm such customers or use their social media platform to trace them.