Good Point

Greek's Premier :

"Greece is at the centre of an unprecedented speculative attack: we cannot be at the mercy of creditors. Despite our tragic mistakes, our fate is today defined by rating agencies that bear responsibility for the 'bubble' that led to the global crisis in the first place," he said.

IMHO - creditors have to take a massive write down and that's that. The world was overvalued by 40%. It's not nice but every nation, organisation, man, woman and child has to take the medicine.

Making comparisons is Freud's argument of 'small differences'. aka- they and we are all in the cart.