Originally posted on
Democracy is messy. The Greeks know this better than most, having essentially invented the concept.
But by unexpectedly calling for a public vote on its latest bailout proposal, the Greek government—in the name of democracy— has triggered a highly uncertain sequence of events that it seems ill-equipped to manage. The latest brinksmanship led Greeks to empty their bank accounts over the weekend, fearing for the stability of the country’s teetering financial system.
To stem the tide,
The turmoil unleashed by the unexpected referendum—made visible by