Greece should have been allowed to default. That's why lenders make money. Because there is a risk of default. Bailing out an irresponsible lender to turn the

Greece should have been allowed to default. That's why lenders make money. Because there is a risk of default. Bailing out an irresponsible lender to turn the problem from simple finance to geopolitics is not how you solve insolvency. That is how you use insolvency as an excuse to undermine sovereignty. > Those are things that Greek government should have done long time ago except they didn't, got in huge debt and now some people think that it's the lender's fault. It's not the Greek people's fault either. Also, again, when a debtor cannot pay, they default. They do not suffer arbitrarily at the whims of nations and supranational institutions because it's been literally centuries since anyone thought that bankruptcy meant that your autonomy and ability to go on with life was forfeit. Greece's economy collapsed by 25%. The people who structured the deal predicted it would shrink less than 5%. Greece 'fails to deliver'; the people who keep trying to collect on worthless debt fail to be reasonable or realistic. The people who suffer are people who did not make the deals. People have died because of austerity in Greece. For what? Your insipidly vindictive morality? > Minus hyperbole, who owns what exactly? > Greece behaved like a heroin user and you're putting the blame on rehab clinic. Presented without comment.