Which as things get more extreme we'll pay off. At this point we're at the "asking nicely" phase, but it will become "at gunpoint" if this doesn't work out.

Let us hope so. Your comparison is apt, but let us not forget that even at gunpoint, some people aren't in a position to pay and their bodies later get dumped into the harbor by the mob.

Where there is a debt, there might be a later bankruptcy.