The Greeks have a serious dilemma on their hands. Street riots and violent
destruction from the entitlement crowd socialists resisting entitlement
reductions and austerity or continue to live beyond their means and certain
default and economic collapse. Seems we are right behind them: Wisconsin or
Oh, what a tangled net we weave when at first we try to deceive. This new world
economy claiming to be great will be the downfall of many governments. It has
become so convoluted that no one knows for sure what layer is weak and how they
all interact. When the banks and IMF keep inventing different ways, swaps, etc.
it is bound to collapse. When banks can keep secret how much they have invested
in foreign businesses and governments we are in deep trouble my friends.
It doesn't have to effect us one iota. Only self-created hysteria will lead
to any downturn. Besides tourism and a few other things Greece offers little to
American. Heck, if their currency crashes after leaving the Euro it might be
good to travel there. Basically, let whatever happen happen. No need to go into
Polling had shown New Democracy (I forget if they're center left or center
right, though either of them would probably be considered liberal here) with a 2
point lead over far left Syriza (about 27-25... there's about 9 major
parties there, ND beat Syriza something like 20-15 in the May elections). With
no polls taken in the last two weeks (by law), Syriza's surge compared to
May, and with a possible increase in ultra-nationalistic attitudes after their
soccer team beat Russia, I think Syriza will win. I hope I'm wrong though.