/biz/ - Business & Finance

Is this a viable strategy for the long term? I have great credit therefore the cards I could get have large limits. Couldn't I just max these bad boys out and buy physical things and just never pay them back? What legal ramifications could I face if nothing is in my name asset wise, keep in mind I'm attending school and paying out of pocket, will this strat have an effect on that. I don't plan on buying a home anytime soon either.
>pic is gun I would buy while employing this strategy