Your story shows the real danger here of what could happen.

Any deposits you have could be taken or given a haircut while any outstanding loans are still payable and due. This is some of the risk I was talking about earlier.

Sure interest rates are very low now and everyone is being encouraged to borrow. Just make sure you can continue to make those payments if your savings are given a haircut, a spouse loses a job, healthcare costs skyrocket and grains and land are cut in half of current values. Sure the interest is low but the principal must still be repaid with perhaps a lot more struggle than currently.