The
eurozone economic is on huge disaster, Nobel-winning economist Paul
Krugman says he would vote "no" on Greece's upcoming referendum on
whether to accept the terms of a bailout put to it by its creditors.
As
reported from the newyork times Paul Krugman personal blog, Krugman
explains that he would vote no because: one, because leaving the euro
would be better than continuing the same program that has been in place
for the last 5 years; and two, because voting yes on the referendum
would essentially be a vote to replace Greece's Syriza government.
Athens
governor winner party, Syriza, led by current Greek prime minister
Alexis Tsipras, campaigning on a platform of rejecting austerity
measures imposed by Greece's creditors. But now the conditions and
future of Greek is
