So cheating others who lent you money out of their money is democracy. Indeed this is radical. But breaking contracts is not something to base your future on if you're not self-sufficient.
Defaulting on a loan is not "cheating" -- it's one of the core reasons (if not the core reason) why there's interest. Loaning money is a risky business, and defaulting is relatively common and certainly not criminal.
> So cheating others who lent you money out of their money is democracy.
well lending money doesn't guarantee you're going to get that money back. It's business and business is risky. I'm sure you believe in free market right? so that's free market in action for you, creditors didn't do their due diligence, nobody's going to cry for them.