You can't get to an agreement & you can't afford the payments so you stop paying
But you still have the debt & now a busted credit score
This is no deal & the £39b
The obligation still exists, we've already agreed this. We're not "buying a deal" we're meeting commitments.
If we crash out & don't pay we're just sending a message, the UK is untrustworthy as well as incompetent
A bit of a shit basically