What I don’t get is why we don’t consider it fraud to knowingly take a loan you ... | Hacker News

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		chongli on Oct 26, 2023 \| parent \| context \| favorite \| on: Why every microwave sucks these days What I don’t get is why we don’t consider it fraud to knowingly take a loan you have no intention of paying back.

gruez on Oct 26, 2023 [–]

1. It is fraud

2. Is there any evidence that's ever the case from PE firms? Startups fail all the time, but I wouldn't characterize them as "knowingly take a loan you have no intention of paying back"

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