Germany and France huddle to figure out what to do in wake of Greek “NO” vote.

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Armageddon? Probably not. End of the euro? Probably not. End of the United States of Europe? Probably not. A moment of reality for world markets which have existed for too long in a fairy land? Very possible.

If nothing else this vote is refreshing. (Easy for us to use such terms.)

(From The BBC)

The final result in the referendum, published by the interior ministry, was 61.3% “No”, against 38.7% who voted “Yes”.

Greece’s governing Syriza party had campaigned for a “No”, saying the bailout terms were humiliating.

Their opponents warned that this could see Greece ejected from the eurozone, and a summit of eurozone heads of state has now been called for Tuesday.

Greek Prime Minister Alexis Tsipras said late on Sunday that Greeks had voted for a “Europe of solidarity and democracy”.

SOLIDARITY and democracy. Very interesting words from a European socialist government.

Click here for the article.