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Greeks Vote "NO" on EU Terms

posted by martyb on Monday July 06 2015, @08:57AM   Printer-friendly
from the getting-what-you-asked-for-may-not-be-getting-what-you-want dept.

kaszz writes:

The Greeks voted no to the European Union's terms, despite warnings from the EU that rejecting new austerity terms would set their country on a path out of the Eurozone. 62% voted "No" while 38% voted "Yes".

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  • (Score: 2) by SecurityGuy on Monday July 06 2015, @02:00PM

    by SecurityGuy (1453) on Monday July 06 2015, @02:00PM (#205621)

    Misses the point. The economy as a whole might recover naturally and quickly (a few years), but a few years with no income can be really bad for the tiny cogs in that economy.

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  • (Score: 1) by khallow on Monday July 06 2015, @02:09PM

    by khallow (3766) Subscriber Badge on Monday July 06 2015, @02:09PM (#205625) Journal

    but a few years with no income can be really bad for the tiny cogs in that economy.

    A few decades without income can be even worse.

    • (Score: 0, Troll) by Anonymous Coward on Monday July 06 2015, @02:46PM

      by Anonymous Coward on Monday July 06 2015, @02:46PM (#205643)

      And so can asteroid hit. Which is about as insightful as your post.

      • (Score: 1) by khallow on Tuesday July 07 2015, @12:15AM

        by khallow (3766) Subscriber Badge on Tuesday July 07 2015, @12:15AM (#205918) Journal
        Greece has a present day long term unemployment rate of almost 20% [tradingeconomics.com]. They've done plenty of Keynesian games without doing anything to actually improve their society and it shows.