To default, or not to default?

“Some countries benefit from defaulting on their debt” according to today´s Daily Chart in the Economist see below and here - “Uruguay, Russia and Indonesia did quite well after their respective defaults.” If the Greek government see this, it might give them ideas! However, I´m not sure how happy the German and French banks who´ll be on the receiving end of the so-called “haircut” will be nor the US firms who have sold insurance on Greek government debt (CDSs) to worried investors let alone the fear of contagion a Greek default might trigger in Ireland, Portugal and worse Spain and worse still Italy!