Orlando EconomosJul 5, 20152 min read
Top Ten Reasons Why Today’s Greek Referendum is Bullshit:


Today, the Greek public will vote on — well, nobody is really sure what. While some (read: European Council, sensationalist media) claim it is a choice between remaining in the Euro and going it alone, others (Tsipras) claim Greece will not leave the Euro, but a No vote will increase Greece’s standing in negotiations. So what’s the deal? Is it even allowed? Here are my top ten reasons that the referendum is total crap.
- It breaks the number one rule of public referenda — have a clearly formulated question.
- It is unconstitutional — the Greek constitution forbids public referenda on economic policy.
- It gives the Greek people ten days to decide on an issue that could affect the country for generations (by contrast, Scotland had 18 months to decide whether it wanted independence).
- It asks whether Greeks support an outdated deal that was replaced with a more favorable one, pushing Greeks towards a no.
- There is currently no deal on the table at all, as both versions have now expired.
- The majority of Greeks have not read the deal about which the referendum is asking.
- There is no consensus about whether the referendum is a question of Greece leaving the Euro or not.
- Greeks must vote where they are registered, meaning many will not vote at all because they cannot travel home in time.
- Even with absentee ballots, one would have had to act almost immediately, giving one even less time to decide.
- As is often the case with such referenda, it has become a question of emotion rather than logic, asking Greeks to decide on their fate while avoiding the substantive issue, and becoming prey to scare tactics and dramatization.