Now don't forget... a US bank will nearly not lend a US citizen home-owner and/or home-buyer any USD unless the bank's risk is about 1:1 (50% down payment for the US citizen.)
But, lending USD in a very high risk situation leading to an entire Euro-Zone 17 nation default? No problem, 40:1 is fine for a US bank(!!??)
That ratio is the same as if a home buyer wanted to make a down payment of $10,000 for a bank-financed $400,000 home. Please ask your local banker if that ratio is OK... hahahahahahahahahahahahahahaha.
If you do not believe these "simple" minded bankers should be in jail, you are a true and honorable pacifist(!)
