Many people seem to have been successfully brainwashed into moralizing debt but only for 19 year old serfs who have been lied to about the value of the asset they're taking out debt for. If its a corporation transferring 20 billion of debt into a leveraged buy out so they can shut down the company after squeezing all the assets out of it, that's just doing business.

Exactly! I like the analogy of:

When the bank is giving you a sub-prime loan, who is more sophisticated in that transaction?

If the bank (with their fancy risk models, etc.), why shouldn't they be the party to take the bulk of that risk?

A similar situation occurs if you bring up usurious bank charges, such as overdraft fees. I lucked into an aptitude for a lucrative paycheque/career, but somehow I still manage to feel enormous sympathy for people being utterly robbed by these fees, banks literally structuring transactions to charge enormous penalties to the very people least able to afford it, for something which actually costs them fractions of a cent.

People become absolutely psychopathic about these sorts of discussions, and become heartless, soulless goblins. Even people at the bottom of the socioeconomic ladder will desperately line up to show how good of little corporate bootlicking subjugates they are.

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