> What kind of precedent would it set if Greece's debts were forgiven Debt are forgiven all the time. In fact IMF and co should do more forgiving because they

> What kind of precedent would it set if Greece's debts were forgiven Debt are forgiven all the time. In fact IMF and co should do more forgiving because they loaned at unfare rates to countries in Africa that had 0 financial expertise or were ruled by bloody dictators. Why should the people pay for that? they shouldn't. Themselves have been scammed and the money is stashed in Swiss accounts while the common people saw none of it. The situation of Greece is off course different except that it's really a moment where we will see whether EU is the real thing or it's just every country for itself. If the latter then it's not going to work much longer. It will be the end of the EU.