Papandreou collapsed faster than a cheap card table in the face of Germany and France's dictum to drop the Referendum or face immediate expulsion from the EU.
So where does that leave the people of Greece?
Angrier than ever. They will not be allowed a say in the continued loss of their 'entitlements'.
More violence and bloodshed will follow.
As I said yesterday, with such major changes being imposed on Greek Society, it is only proper that its citizens have a direct say in what occurs.
Now they won't.
Not that it matters in regard to the eventual outcome though.
Either way, Greece will have to continue to reel in its spending. And either way - with or without a Referendum, Greece will most likely be dropped from the EU Club.
But at least with a Referendum, the Greek People would have a direct say in their future.
And with that, it would have mitigated the violent fallout and would have help the average Greek person to both accept and positively engage the needed austerity measures.
An opportunity lost.
As I see it...
'K.D. Galagher'
