If you told me my options were go bankrupt now with a chance at long-term recovery, or retire into/put my kids and grandkids into the worst depression in US his

If you told me my options were go bankrupt now with a chance at long-term recovery, or retire into/put my kids and grandkids into the worst depression in US history after a few more decades of can-kicking and treating the symptoms over the disease, you're damn right I'd be the first to sign up so long as the necessary reforms were made. But hey, I think long term. Which in our system means I'm not in charge of anything substantial.