So, All the people in the EU probably know what im on about, But basically, Yesterday Greece was given a refferendum due to its current economic crisis, With the options being
Yes - Accept a bailout from the EU but face EXTREMELY strict Austerity measures (Austerity is very unwelcomed as it basically means no public services and no state bennefits and no retirement) BUT, Auserity could help end the economic Crisis if the greeks saw it through for a few years.
No - Don't accept an EU bailout, this means Greece continues its stupid spending and borrowing that it can NEVER hope to repay, This is popular among the people as Greek people are lazy when it comes to paying taxes and expect LOTS of state bennefits (Culture differences), But, This would either speed up the collapse of the Euro or force greece to declare bankruptcy as a nation and capitulate, leaving the EU and having to essentially start again as a country with a new currency and never pay back its debts (Which will SERIOUSLY piss of the rest of the world).
For all those who aren't aware, Yesterday, The greek people voted No by 67%. Was that the right call?
- They were correct to vote NOVote A
- They should have voted YESVote B