No, he was going to resign if there was a yes vote. This was supposed to be his great victory. CL is right on the why though. It's probably good for his family though, he loves riding around on that motorcycle in just his Tshirt which is pretty risky and it must be hard to get life insurance when you're so clearly IN THE DANGER ZONE!
Varoufakis has said he will be staying on as an MP in the government and won't be leaving greece anytime soon.
That's a pretty nice return. Not a bad bet really, there's probably an ok chance that you'll get your money back from german tax payers.
I'm seeing reports that the ongoing market crash in China may be far worse for Australia than people currently realize. U.S. listed Chinese stocks are falling faster than on the China exchanges, and there are strong indications that China's economy is seriously in bad shape, worse than has been publicly acknowledged. Resources could suffer some big hits, and Australia will go down with them. Big trouble in China will become big trouble for the Australian economy.
Where's TheEnd now that it's time to panic? [youtube]http://www.youtube.com/watch?v=o7dp9OSqpdU[/youtube]
I hope it doesn't hit 80, then I have to do something with the last few ounces of gold in my SMSF and that means work!