I used to do debt refinancing left and right some time back, then realized that all I was paying was interest. I had to go on a strict budget.
In short you cannot borrow & build yourself out of poverty. Effectively you wind up poorer. Any wealth is created by
economical application of capital, raw materials and other resources. The Chinese manufactured themselves out of poverty. There is no convincing borrow & build story without some serious enterprise or natural windfall.
Ergo, our local 'genius' hustler is in fact an idiot.
![Big smile :D](https://nipate.net/Smileys/fantasticsmileys/smile.gif)