[Greece’s referendum on whether to accept the Troika‘s proposed financial “bailout” package] showed that with the unemployment rate at 25 percent (and youth unemployment rate at 50 percent) there is only so much economic pain a sovereign nation will accept in the name of “austerity” without trying to fight back, even when the consequences of the “path less taken” (no country has ever exited the eurozone) are unknowable.

–  Jared Bernstein