> If lenders do nothing, then nothing really matters - keep borrowing and let your debt grow exponentially. Lenders are currently doing nothing: that does not

> If lenders do nothing, then nothing really matters - keep borrowing and let your debt grow exponentially. Lenders are currently doing nothing: that does not necessarily mean they will do nothing forever. Because should the lender actually do something eventually, the lendee may be in a world of hurt. The borrower probably does not get to the point when lenders start doing something.