Not Even Close in Greece Vote

The vote in Greece is running 60 percent “No” on the terms of its creditors. The same experts who had been predicting a close vote will now explain why it was a runaway in favor of … well, who knows. But count on the usual confident voices to sort it all out.

What is pretty clear is that what all the experts said could never happen – the EU is supposedly unbreakable – has now come to pass. Partially, at least. And the skeptics who warned that a political, fiat currency could not stand had it right.