Steve's Barking; Ya pays Ya money, Ya take Ya chances.

I was brought up when you invest in something like foreign government debt, you do your own personal do diligence. If the bonds don't pay off, your out some money. There was no guaranty that you would get full return on your investment.
So what's the story that a hedge fund holds an Argentine training ship hostage.
Porto Rico bond holders expect to be paid in full.
Same is true with holders of Greek notes
Now most of these bond holders don't want government interference in what they do, but want their governments to some how protect their investments in foreign bonds.
My feeling is ya invest your money, ya take your chances.

Bullying by bond holders of foreign government debt is reprehensible.