Monday, June 29, 2015

vote ochi

As Yglesias says Greece is screwed no matter what it does. Still, a no vote in the upcoming referendum would mean economic collapse with an eventual recovery under its own very-much-devalued new currency. A yes vote, on the other hand, would mean economic collapse through austerity for as far as the eye can see. The Greeks are facing economic armageddon either way, but at least the no vote has a silver lining.