Courtesy of Mish.
Every age group but 65 and older voted “No” in the referendum as the following Greek “No” Vote Demographics shows.
click on chart for sharper image
The following email was to a reader of mine. The email comments on the state of affairs in Greece as well as my proposed Way Forward.
“No Dreams and Nothing to Lose”
Nothing to Lose writes …
I don’t give a **** for politicians, I just care about my country.
I am a 30 year unemployed person with a bank account that has less than $10,000 left. What do I have to lose?
I don’t have dreams for my life anymore. And I haven’t even begun to live. For 5 years we suffered, and we are no better off.
Before the IMF came, Greek debt was around 118% of GDP. After two bailouts, debt is now close to 175% of GDP.
Is that progress?
The official unemployment rate is close to 30%, imagine how much the unofficial might really be….
