Socialist Greece has voted Oxi or No on the terms of an IMF bailout that would keep Greece in the Eurozone and it wasn’t even close. With over 60% of the vote counted, the Oxi vote was about 60% and the NAI Yes vote was about 40%. This may mean a turbulent next few weeks in the American stock market. Greece by voting no rejects Europe’s conditions of a bailout that includes higher taxes and austerity costs.
| Greece votes OXI ‘No’ rejects IMF bailout |
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It seems #OXI has won in all 55 provinces of Greece http://t.co/T7Y87pVzqK
— Ian Fraser (@Ian_Fraser) July 5, 2015
Greece is lead by far left socialist Alexis Tsipras. Far left loons in Greece call the demands of Germany and the IMF ‘economic terrorism.’ I’m totally against bailouts, and higher taxes too. But economic terrorism? Get ready for that to become a popular term with the left in America soon.