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comment by Ezana
Ezana  ·  3431 days ago  ·  link  ·    ·  parent  ·  post: What do you think Greece should do?

Vote "no" on Sunday.

Reintroduce the drachma and ride out the immediate pain. Yes, there will be hardship in the near-term, but in a few years, Greece has significant economic expansion to look forward to. Just look at Argentina in the middle of last decade, after defaulting in '03. And better yet, such a course means the reclaiming of sovereignty from the banks and bureaucrats of the thoroughly undemocratic EU.

EDIT: This is a topic which really interests me, and which I've been following closely for a few years now. Let's start using the #greece tag to talk about it more.





HandsomeJack  ·  3431 days ago  ·  link  ·  

I'm pretty sure this is the only way that the Greek people can move forward without surrendering their democracy to the EU and the IMF. I do think that greater European unity is a great thing (considering the continent's bloody history) but I'm growing more and more concerned about these undemocratic multinational organizations that are. What do the IMF, the EU and FIFA all have in common? They don't answer to voters. That's what concerns me most about the TTP as well.

PetesPassing  ·  3431 days ago  ·  link  ·  

Really hope they vote no as well. Hopefully Syriza can convince the people to work through it.

Ezana  ·  3431 days ago  ·  link  ·  

The major obstacle is, as the New York Times calls it, the barrage of ads that Greek television stations and newspapers are subjecting voters to. Remember, Tsipras is proposing levying license fees on these news stations, all of which are owned by the barons of Greek capitalism, to go towards making up budget shortfalls. This referendum is in one sense a referendum on Tsipras's government, so the Greek capitalists have a vested interest in ensuring a yes vote (beyond it obviously being the best move for Greek banks and shipping magnates in terms of their bottom lines).