{"id":12414,"date":"2015-09-18T08:05:05","date_gmt":"2015-09-18T13:05:05","guid":{"rendered":"http:\/\/olduvai.ca\/?p=12414"},"modified":"2015-09-18T08:05:05","modified_gmt":"2015-09-18T13:05:05","slug":"greece-heads-back-to-the-polls-full-sunday-election-preview","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=12414","title":{"rendered":"Greece Heads Back To The Polls: Full Sunday Election Preview"},"content":{"rendered":"

Greece Heads Back To The Polls: Full Sunday Election Preview<\/a><\/h3>\n

For months on end, all anyone could talk about was Greece. Throughout the spring and summer, the country\u2019s fate in the eurozone was considered the main risk to global markets if not for what the financial fallout from a Grexit would be (that risk was largely confined to the public sector), then for what a Grexit would mean for the future of Europe\u2019s fragile currency union.<\/p>\n

Then, a funny thing happened.\u00a0Everyone forgot about Greece.\u00a0<\/strong><\/p>\n

On the heels of a final, dramatic showdown in Brussels that pitted PM Alexis Tsipras (who came in wielding a referendum \u201cno\u201d vote from his people) against German Finance Minister Wolfgang Schaeuble and saw Greece finally capitulate after a weekend of \u201cmental waterboarding,\u201d the world seemingly accepted the fact that Athens will remain a debt serf for decades to come, and although the issues of debt relief and bank recapitalization remain contentious, it seems that a Greek exit is no longer on the table.<\/p>\n

Late in August, Tsipras resigned, setting in motion a series of events which would lead to snap elections. Again, the news was greeted with little fanfare as, by that point, the market had turned its attention to China, its currency, its stock market, its economy, and how it would all factor into the Fed decision in September.\u00a0<\/strong><\/p>\n

Well, as we head into the weekend (liftoff-less, still), it\u2019s worth noting that Greece is having an election on Sunday, and although the outcome is unlikely to change the course of the bailout deal, black swans wouldn\u2019t be black swans if they were easy to spot ahead of time and if the first half of the year taught us anything, it\u2019s that \u201cinconsequential\u201d things like Greek politics actually do matter for markets, and it\u2019s with those two considerations in mind, that we present Bloomberg\u2019s four scenarios for the Greek election outcome.<\/p>\n

 <\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

Greece Heads Back To The Polls: Full Sunday Election Preview For months on end, all anyone could talk about was Greece. Throughout the spring and summer, the country\u2019s fate in the eurozone was considered the main risk to global markets if not for what the financial fallout from a Grexit would be (that risk was […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[2872,4329,279,284,1167,1836,4318],"class_list":["post-12414","post","type-post","status-publish","format-standard","hentry","category-geopolitics","tag-alexis-tsipras","tag-currency-union","tag-eu","tag-european-union","tag-greece","tag-greek-election","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12414"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12414\/revisions"}],"predecessor-version":[{"id":12415,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12414\/revisions\/12415"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}