[pvg]

No, the fact someone takes out loans they can't repay doesn't 'prove' they don't understand the terms of the loan. I don't think any of the major actors in this look particularly great but it's not like the Greek government found a giant bag of money on their doorstep one day and nobody told them it came with terms.

[pm90]

Wait...what? The Greek govt. that took out the loans was incompetent, sure. But so were the lenders. Making a loan is taking a risk for both the lender and the receiver of the loan. It is in both of their interest to ensure that the loan will be repaid.

[RobertoG]

So, I can lend money without worry and it always will be repaid?

And not only that, I will be morally right. What amazing times we live.

[pvg]

I'm afraid I don't follow this trenchant rejoinder.