[Jonty30]

The only way out of this is for the bad debt to work itself out of the system and those holding the bad debt to write down their losses.

This is something that needs to be done, it’s the only way.

[LZ_Bayonet]

"The only way out of this is for the bad debt to work itself out of the system and those holding the bad debt to write down their losses."

I think that option is at least 20 years years too late. (see above)