Your argument is that those children in Greece deserved to die because children in Romania are dying too? I am not convinced by that argument. What is going on

Your argument is that those children in Greece deserved to die because children in Romania are dying too? I am not convinced by that argument. What is going on here is that debt in the current financial system is at conflict with current moral standards. Debt is being transferred from parents to children (mostly in the form of state debt), while defaults are being pushed almost exclusively on the the debtor from the debtee. The consequence is that there are a lot of people being punished for events outside of their control. Yeah, when a debt cannot be filled, debtor and debtee need to share the consequences proportionally. And in the case of Greece, the 30% haircut is not remotely proportional.