Moondong, have to agree with you on letting Greece go and the bankers who lent to them.
In the end a loan is two way street. The borrower needs to be aware of their obligations and commitments and the lender needs to be sure they lending with appropriate security to someone who can meet the payments due. If/when the agreement fails, both parties need to share some of the blame.
I sometimes wonder whether all the bank (and country) bailouts aren't just a slow moving and inevitable train wreck that is unstoppable. Maybe better to get the pain over quickly and let some of the so-called too big to fail banks to fall over along with a few Greece's etc. Yes there will be problems but at least then there is a chance to just flush the issues through the system quickly rather than the slow motion wreck we have now.
I know one of the side effects of the resulting disruption could be an outbreak of more wars. I suspect they will come any way given tensions building around the place.
Ah the old Chinese curse: May you live in interesting times....
