GREECE, sim city

Since when is financing old debt with new debt a bailout??  A default for greece would surely be better than current bailout terms, which would just prolong greek destruction for a while.  Has nobody on this planet played sim city??????  Every good sim city player knows that after a certain point in debt it is nearly impossible to recover because the maximum amount you can get in taxes isn't enough to cover interest payments and be able to grow enough to alleviate debt. Plus if you have taxes without services to your people your people leave the country and your revenue decreases..... The only way out of the debt is to pretty much neglect your population and sell a ton of water and power to your neighbors, and even then surplusses after the interest rates on debt are minor.  I think we should all play sim city, it will teach us all how doomed debt plagued importer nations are.