Wither Greece?

I have a high school friend whom I have known for 40 years,Chris. He married his Greek wife Zoe five years ago. They are planning to move back to Greece.According to Zoe, the Greeks never liked Germany nor the austerity program from the very start. They see it as a deal with the devil. Greeks never planned on paying back any of what was owed....and I respect that sort of rebellion. If you cant pay it back you shouldn't kill yourself trying. There is no honor in working yourself into a grave simply to repay a debt.

And I never thought that Debtors Prison made much sense to begin with.Iceland ended up paying back 7% of its debt after discovering that Great Britain was indirectly responsible for 93% of it.Why should an individual---or a nation---be responsible after being tricked by predatory lending?