Stupid? The investors are loaning someone else's money. They probably isolate it legally so if the loan defaults they are not personally liable and it doesn't a

Stupid? The investors are loaning someone else's money. They probably isolate it legally so if the loan defaults they are not personally liable and it doesn't affect any other investments. The money isn't hard earned. It isn't someone's hard sweat-earned savings invested. It is debt. Debt generally just expands the money supply.