I find it interesting that both liberals and conservatives think that Greek’s “No” vote is a good thing.
Liberals view it as taking a stand against the bully bank.
Conservatives believe it may be an educational moment on the results of socialism.
The Greek referendum was a massive, self-administered single question IQ test that the nation flunked and then went out to celebrate its “futile and stupid gesture”. That it was well advertised, televised and commented upon provides a useful opportunity for those willing to learn from, and avoid repeating, others’ self destructive behavior.
We shall soon see how much was learned as there are other defaults in the works with the debtors hoping against hope that their creditors will capitulate to the demands of the mob. Perhaps the creditors, even those who casually lend other peoples’ money, will have learned something, too.
So many lessons to be learned from this.