the cops and the army would be boxed off otherwise as our american cousins say tommy...."you ass is grass"..and all the rest of the political class...we would see a backlash of politicial violence not seen since the 1920's.....Not true. If the state was unable to borrow, without ECB and IMF aid the entire public sector and all recipients of social welfare would suffer the worst because there would be no money to pay their salaries or payments.
Yes the PS and social welfare recipients would suffer in the event of ECB and IMF aid, but so would everyone else (eg, taxes would rocket, spending would be slashed). But if ECB and IMF aid is needed, it is because without it the PS and social welfare recipients would find the state couldn't pay them anything. It could come down to someone in the PS, for example, having to face a massive cut in salary with the ECB and IMF, or facing no salary without them.
Turning to the ECB and IMF would very much be the last resort, and only when not resorting to their aid would be very much worse.