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  1. #35
    Council Member Firn's Avatar
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    It is not yet certain that there will be a referendum nor the exact question it asks is known, but the supporters of a Greek membership in the Euro turned out in large numbers, just like those opposed did yesterday. Not surprisingly there were more not-so-bad-offs today then before.

    Anyway it looks like there will be all sorts of talks and actions in the next days but everybody knows that every day with this sort of economic deadlock will inflict deeper damage. The stories are quite shocking and are excellent examples what happens if a cash economy suddendly lacks it. Personally I think that we will have a referendum written by Syriza and it might be a very close thing.

    BTW for the first time a developed country will miss an IMF payment, bar a miracle solution.

    P.S: The markets reacted not too badly for the large change in odds of a Grexit
    Last edited by Firn; 06-30-2015 at 08:08 PM.
    ... "We need officers capable of following systematically the path of logical argument to its conclusion, with disciplined intellect, strong in character and nerve to execute what the intellect dictates"

    General Ludwig Beck (1880-1944);
    Speech at the Kriegsakademie, 1935

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