I think financially you could be right, and perhaps if this had occurred 6 months ago, it could have flown politically. The challenge with that approach would

I think financially you could be right, and perhaps if this had occurred 6 months ago, it could have flown politically. The challenge with that approach would seem to be that politically in several Eurozone nation there's been a hardening of sentiment around this and so even if the leaders of those nations want to do that kind of deal, they may have a tough time convincing their own parlaiments..