What happens if Greece refuses austerity?

[Gustaf]

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You propose to ditch the common market?

No, not that. That's the only good thing about this whole lousy thing. I was talking about the euro.

[opebo]

The Western world hasn't spent the last two-thirds of a century trying to avoid a repeat of the 1930s only to throw our hands up at the most critical moment and say that we'd prefer to repeat the 1930s after all...

Actually that is precisely what policy-makers around the world, and people like ag do prefer - a return to the world of the 1930s and before - the rapacious laissez-faire world of depression, deflation, and deprivation for the masses.

[ag]

The Western world hasn't spent the last two-thirds of a century trying to avoid a repeat of the 1930s only to throw our hands up at the most critical moment and say that we'd prefer to repeat the 1930s after all...

Actually that is precisely what policy-makers around the world, and people like ag do prefer - a return to the world of the 1930s and before - the rapacious laissez-faire world of depression, deflation, and deprivation for the masses.

Well, at least we are more modern than people like Your Lordship, who would prefer to return to the world before 1530, where a serf girl cannot deny the legitimate claims of her suzerain ))

[Tender Branson]

Austrians are still completely opposed to any further help for the Greeks:



Broken down by party and education:



While support for the new rescue package has risen between May and June among voters of the government and the Greens, FPÖ voters are now even MORE opposed by a 90-4 margin.

Also, people with only low education (9 years) and medium education are strongly opposed, while the ones with high school and university degrees now back it by 60-31.

http://kurier.at/wirtschaft/3919250.php

[GMantis]

One would expect a bit more solidarity from supporters of a socialist party.

[True Federalist (진정한 연방 주의자)]

One would expect a bit more solidarity from supporters of a socialist party.

We all saw how socialist solidarity managed to prevent there being a great war after an Austrian Archduke was assassinated in Sarajevo.  International Socialism actually living up to its ideals is even more of a myth than Communism.

[ingemann]

One would expect a bit more solidarity from supporters of a socialist party.

The Greek have chosen not to pay tax for the last few decades and the last decade committed fraud on a national level, I would to any day rather show solidarity to the Portugeese or Spanish, than a bunch of conmen. Solidarity goes both ways, and the Greeks have not shown solidarity to anybody, so honestly I would prefer that they was thrown out of the union.

[TheDeadFlagBlues]

The polling out of Greece lately is very troubling. PASOK is down to 20% and ND is polling a few points ahead of them while the smaller parties have had their levels of support increase at nearly negligible levels. The troubling part is the level of absenteeism, 42% claim to support no party and would refuse to vote which is strange in a country with very high turnout and compulsory voting (in name only).

With that lack of trust in democratic institutions, who knows what could happen over the next few years in Greece...

[Simfan34]

OOH! OOH! A REACTIONARY MILLITARY COUP CREATING NATIONALIST DICTATORSHIP!!

...or perhaps not.