Editorial Board
Greece’s Creditors Matter as Much as Its Voters
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Spare a thought on Sunday for the ordinary Greek voter. These are the people who paid their taxes, weren’t corrupt, didn’t get early retirement as hair stylists, and whose sons and daughters are rioting or emigrating because they’ve no prospect of for a decade to come.
There are many such Greeks. They’re the object of a cacophony of warnings that if they support the wrong party on Sunday, they will trigger Europe’s economic implosion, their own, or both. With Spanish and Italian bond yields Thursday, in Spain’s case to an unsustainable 6.95 percent, that isn’t hype. Europe is unprepared for Greece to leave the euro.