Nothing is wrong with writing off Greek debt, asap. That is already five years overdue. The timing of it, and the selection of it. It's been postponed, and continues to be postponed, at enormous added cost, while financial corporations that profited from creating the problem arrange for others to take the loss. And the part of the debt owed the predators (IMF, in particular) is set to be the part repaid, at high cost to the Greek citizenry and Eurozone taxpayers. I agreed with it. Was I confused? It is a bit dodgy, agreeing with you after watching you post such claims as Goldman had nothing to do with the disaster. But it seemed to make sense, as far as it went. No, I don't. I think that's why the financial players who have set this deal up and put themselves in position to profit by it have carefully avoided becoming themselves significant net unsecured creditors of Greece - just as Goldman Sachs did back when they launched this double back flip into the sewer.