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Monday, June 29, 2015

Joseph Stiglitz: how I would vote in the Greek referendum

Neither alternative – approval or rejection of the troika’s terms – will be easy, and both carry huge risksThe rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors. In fact, European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics. Related: Greece debt crisis: Europe says referendum is euro vs drachma - live Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com