There is no such thing as an unpunished crime. Do you think these peoples kids and other folks will really have much respect for them or any money they have?
I am very close to a situation like this and the people don’t seem that happy even though the big lifestyle goes on. No consumption fad is left un-abused. It is like they are trying to fill some kind of hole that the rest of us should be extremely grateful for not having. Other than this, they are really decent hardworking people.
The system goes easy on them because they do not want to discourage healthier minded people from taking debt. Kind of like liquor stores sell booze to alcoholics.
Saying “I should have done it” is just kind off bitter. You can still do it. If I have a chance to weigh in on the topic in a way that matters I will definitely speak out against it. Other than that, it’s just whining.