If reason fails, wing out the Nazi-Bat. I think the history is full of misinterpreted debts, especially Germany's (Versailles > WWII...) But I think one basic

If reason fails, wing out the Nazi-Bat. I think the history is full of misinterpreted debts, especially Germany's (Versailles > WWII...) But I think one basic understanding of debt should not be discredited: There's a difference between ... - A debt that was agreed upon by both parties in a free market (Greece defaulted on that in 2012) - A debt that was agreed upon by both parties's representatives as an act of embezzlement - i.e. favoring Europe's banks/Greek oligarchy (Greece is about to default on that right now) - A debt that was agreed upon by the winners of a war over a defeated country You can say what you want about a "level playing field" not being in place when battered Greece gets to negotiate with its Creditors, but even trying to compare that with a war-looser situation is disingenuous.