Declare the outstanding debt null and void due to the actions of a hostile creditor nation
"You owe this money, but we won't allow you to make payments on it"
"Fine, write it off as a loss on your books then"
Investors: "hold on a minute"
"Don't worry, Uncle Sam will print you some new checks and make up for part of your losses"
"If we made payments on the debt then there would be no losses"
"Define 'part' of the losses"
"ten cents on the dollar, but the checks are really fancy looking"
"Ten cents?"
"The checks are really pretty"
"Hi guys, we'll buy up the debt and pay the investors"
"pretty dollar checks?"
"No, yuan"
"Rubles are backed by gold, how about payments through the Chinese system and not SWIFT?"
"I can't do anything with rubles"
"How about rupees?"