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Mohamed A. El-Erian

10 Consequences of Greece's 'No'

Greeks are mad as hell and won't take it anymore.

Celebration -- for now. — Celebration -- for now.
Photographer: Sakis Mitrolidis/AFP/Getty Images

By

Mohamed A. El-Erian

July 5, 2015, 9:37 PM UTC

By heeding their government's advice and voting "No" in the referendum on Sunday, Greek citizens sent an unambiguous message. Much like the fictional Americans portrayed in the movie "Network" who threw open their windows and shouted out, "I'm as mad as hell and I'm not going to take this anymore," the Greeks are demanding that the rest of Europe acknowledge their distress.

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