Jester,

Thanks for the reply, and your 'history note'. You've been nothing if not consistent in your view of a lot of important issues. I like the Forbes author's Greece solution - let them default, put some other name on it, declare victory, and move on. Worked for the Vietnam War, why not Greece? (and why not Afghan. and Iraq - horrible cost in lives, will yield nothing, IMO). The other useful basic view on Greece from the BBC  I've seen is that creditors need to eventually realize they're have to take some kind of haircut, and Greece will have to realize that it will have to accept more hardship and restructure, rather than disavow, the debt. And the author thinks that will happen: probably never.