And with a “yes” vote they get more loans that benefit the bankers and will cause them to lose a portion of their pensions and savings? More loans when they can’t pay the ones we already have?
They aren’t losing their pensions and savings, nor are they getting a haircut (as many article like to say). Their government is robbing their pensions and savings. The person who spent a lifetime saving 100,000 euros might get to keep 8,000 if they were stupid enough to keep it in a bank. How nice is that?
Oh. If anyone thinks this same trick won’t be tried everywhere else when governments run out of cash, don’t kid yourselves. Our 401Ks, for example, are mighty tasty to a government in search of plunder.
News flash: Both individuals and countries can borrow to the point where they will never be able to pay it back.