This should be a fun video to play at his court case.
[Warning: Brief Language]
Yeah, so that's the worst financial advice someone could give you.
But I can't blame this bro. After all, if you think about it, this is exactly what politicians do. They steal money (collecting taxes) that are mismanaged at every turn. Then they take out credit that they aren't responsible for, driving up debt that they'll never have to pay off while getting bling for themselves.
Then, when the debt is too high, they crash the economy and let inflation eat up the debt. They might even start a war or two to refill some of the coffers.