There are economical and political problems with just saying "no, I'm not going to pay my debt".
Materials and services were purchased; those materials and services were rendered. Other countries will not take kindly to that, and it could cause some serious tensions.
The countries we purchased those materials and services from did not commit the fraud. Indeed, they could say we were the ones to commit the fraud.
It's just not feasible to say "fuck off" without risking war. We have to resolve the issue intelligently, not emotionally.
There are economical and political problems with just saying "no, I'm not going to pay my debt".
Materials and services were purchased; those materials and services were rendered. Other countries will not take kindly do that, and it could cause some serious tensions.
The countries we purchased those materials and services from did not commit the fraud. Indeed, they could say we were the ones to commit the fraud.
It's just not feasible to say "fuck off" without risking war. We have to resolve the issue intelligently, not emotionally.