The Greek non-referendum  

By • on November 4, 2011, 9:49 am

The cancellation of the Greek referendum is not surprising. It is, however, a good example of an issue where a government really has no choice.The problem is that if the alternative route had been taken then at a point people would not have been paid and the problem would be much bigger. Many people would then regret having taken the action that they took (or moreso inaction).This is the real ...

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