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The moral principle involved here is not "debt = guilt"; but rather usury. We've been programmed to the believe that not repaying a debt is a moral failing. But that's only true when a friend loans another friend money at no interest. Once interest is charged, it's no longer a moral contract, it's a business contract. The rate of interest is based on the risk of loan default. If there were never any defaults, there would only be a single low interest rate. The fee taken in interest is payment for taking a risk. That's how investing works. When a creditor behaves as though all loans must always be repaid in every instance, he is not an investor. That's just organized crime. And the moral principle involved is called usury.
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