Nothing "must happen". This is just a cop out to avoid letting people suffer for their own mistakes. Instead the government dumps the cost on everyone else. If

Nothing "must happen". This is just a cop out to avoid letting people suffer for their own mistakes. Instead the government dumps the cost on everyone else. If there's no bailout at the taxpayer's expense, what do you suppose will happen? Riots? Revolutions? Nothing will happen except millions of people learning a much needed lesson.