- Joined
- Dec 27, 2014
- Messages
- 59,042
- Reaction score
- 38,585
- Location
- Best Coast Canada
- Gender
- Male
- Political Leaning
- Slightly Liberal
Re: Are you morally obligated to repay a loan that you take?
Reason we have various laws for that.
I mentioned the workers and pensioners often get the short end of the stick when a corp goes belly up.
On an old browser at work. Very slow.
I mentioned corps- you can only pay back what you can. The corps are not shy about collecting on assets when needed. Knife cuts both ways.Maybe they were run by lefties. Unless, of course, you figure lefties aren't capable of running a business, (a very unflattering assumption) you'd have to assume that it's quite possible.
But which political lean is the least moral wasn't really the point, was it? That was just an interesting revelation as a reulst of this discussion. The point here is...... Do YOU feel that it is immoral to decide to renege and welsh on your debts and contracts if it suits you? "Well, THEY did it, too." isn't an answer or a justification.
Reason we have various laws for that.
I mentioned the workers and pensioners often get the short end of the stick when a corp goes belly up.
On an old browser at work. Very slow.