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A comment on Review of “Adults in the Room” by Yanis Varoufakis. Parent comment

Re:Review of “Adults in the Room” by Yanis Varoufakis by atmosx on Wednesday May 03, 2017 @01:21PM (#14257930)
Nope, history says otherwise. As long as the debt stands Greece will not be able to get any financing exactly because it's assured that it will not be repaid.

The only way to get financing is by debt restructuring. It has happened time and again. You'd be amazed how many countries defaulted the last century. I think Germany defaulted twice.

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Re:Review of “Adults in the Room” by Yanis Varoufakis by pm90 on Wednesday May 03, 2017 @03:40PM (#14259298)
Yeah, I just don't understand how so many people fail to see the most obvious solution: default and stop paying interest. Sure, you're credibility will be lost for now, but then you can slowly build it back up again since you're no longer burdened with paying back the defaulted loans. Its not magical: as it currently stands, Greek economy is going to die a slow protracted death anyways.
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