It is good to borrow. It is better to repay. Sorry, that is passé. Today, we should rephrase that adage as “It is best not to repay.” Everyone around the world seems to be working very hard at persuading lenders that it is divine to forgive the obligation to repay. If loans are forgiven, the economy will get a boost and grow. The US, the land of capitalism and free market, started the process...