Referendum in Greece on debt agreements with Brussels, Athens

Iceland has made school: Greece also hold a referendum on measures taken in accordance with Brussels to reduce the public debt of Athens. On the one hand, the increasing pressure of the square, which has become characterized by genuine social revolt, the other the practical question of not being able to endure such draconian measures in the economic field, have forced the government to take note greek, which the internal structures, is needed a consultation exercise involving the whole country express acceptance of the constraints imposed by the consequences of debt. George Papandreou, greek prime minister, has said explicitly that if the Greeks do not want an agreement with the EU, not the spirit of sharing, the agreement will not be adopted. Make a prediction about a referendum of this kind is too easy, the cost of the measures agreed with Brussels falls on the majority of the people greek, it does not feel responsible for this state of affairs, then the rejection of the agreement is almost taken for granted. The first analysis you need to do is because you have got to this point, after grueling negotiations that have influenced their progress with the ups and downs of the stock markets? If it is a fact that almost all Greek public opinion was and is opposed to the indiscriminate reduction of their income, it is unclear how the government operates in a short time, such a turnaround. There must be international and financial reasons, however, difficult to understand, which led to this choice that is poorly defined pilatesca. It is unclear why, then do not opt ​​for a default checked immediately, which would have spared the wave of street protests and the swing of the bag across the continent. Furthermore, this decision puts at risk almost certain, the house of cards on which you based now the euro zone. Put a safeguard debt greek also meant protecting the debt of Italy and France, the country with the banks most exposed to the greek debt. Indeed, Sarkozy was the politician who had the worst reaction, the French banking system is likely to implode, throwing the country into more complete financial chaos, If this hypothesis were to occur for France reflects the very worst of the current economic values, so as to determine a saving the appropriate volume of the Italian one, albeit for different reasons.
This scenario envisages the practical failure, why not recoverable, the euro and to follow the political union of Europe. What does this mean in practice? For France, the crisis almost total credit, with a paralysis of the production system, which can no longer sustain any growth agenda, going so 'also have an impact on an already large public debt. For Italy, there being no material resources at European level and beyond to save, the failure of the state, with the creation of a real financial tsunami that will hit the U.S. with its waves, in the first place, and immediately after emerging economies, with China more illustrious victim. It 'a doomsday scenario that is looming, if it were to occur would be to subvert the order which has hitherto governed the world stay again, who will suffer, clear, setting new rules and also new ways of life, or perhaps old, why not over charged.