The Greeks votedno 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".
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.
(Score: 1) by khallow on Monday July 06 2015, @02:09PM
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
And so can asteroid hit. Which is about as insightful as your post.
(Score: 1) by khallow on Tuesday July 07 2015, @12:15AM