They will have to write off the debt from each state on the debt generation game as they travel along the conveyor belt from realisation to depression. In a bathetic reversal of what we see, a journey from the ridiculous to the sublime.
Yet Sweeney Todd in the economic guise of Debt is about to swing his razor and impose a swinging haircut on all Greek debtors. Most frightening of all, for those who chose to march to the funeral tune of the 'Day of the Dead', is that the haircut will decapitate the myth that taxpayers are inoculated from credit writedowns.
Those taxpayers will not be happy...