The referendum called for by the Greek Government allows citizens to vote Yea (for more austerity and remaining in the Eurozone) or Nay (default and perhaps depart the Eurozone). It is a momentous decision for the Greeks, the EU, and in various forms for the rest of us. Story here.

Paul Krugman in Friday's column seems to support a "No" vote to show the creditors that they should push no further and it was time to cut their losses. But the creditors won't be the only, or perhaps primary losers, in this war of nerves.

How would you vote?

UPDATE: Reuters: "Greeks defy Europe with 'NO'"   What next?

Margaret O’Brien Steinfels is a former editor of Commonweal. 

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