Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.
Money makes money so with this money you can set up the real honest business or to set up next business on other person name keep money flowing then build some credit history and take new loan.
That's the smart way and your time efforts getting paid and you make atleast something out of it.
What! I'm trying to understand what I just read, did you just say only fools take loans and pay it back! My thoughts are that your words are misleading and people could get in lots of trouble if they decide to follow that statement, you just don't go misleading people by advising them to take loans and flee away that's a criminal thought and I hope no one takes it very seriously.
For instance how would you feel if I take loans from you, like your hard earned money and flee away or refuse to pay back? Like you'll applaud me or get me a medal when next I come for another loan right? Makes no sense and do you know how many banks would go bankrupt if everyone takes loans and refuse to pay back, I don't even think the world bank would exist anymore if every country indebted to them refuse to pay up.