{"id":14349,"date":"2015-11-12T08:16:36","date_gmt":"2015-11-12T13:16:36","guid":{"rendered":"http:\/\/olduvai.ca\/?p=14349"},"modified":"2015-11-12T08:16:36","modified_gmt":"2015-11-12T13:16:36","slug":"social-explosion-begins-in-greece-as-massive-street-protests-bring-economy-to-a-fresh-halt","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=14349","title":{"rendered":"&#8220;Social Explosion&#8221; Begins In Greece As Massive Street Protests Bring Economy To A Fresh Halt"},"content":{"rendered":"<h3 class=\"title\"><a href=\"http:\/\/www.zerohedge.com\/news\/2015-11-12\/social-explosion-begins-greece-massive-street-protests-bring-economy-fresh-halt\" target=\"_blank\">&#8220;Social Explosion&#8221; Begins In Greece As Massive Street Protests Bring Economy To A Fresh Halt<\/a><\/h3>\n<div class=\"node\">\n<div class=\"clear-block clear\">One thing that became abundantly clear after Alexis Tsipras sold out the Greek referendum \u201cno\u201d back in the summer after a weekend of \u201cmental waterboarding\u201d in Brussels was that the public\u2019s perception of the once \u201crevolutionary\u201d leader would never be the same. And make no mistake, that\u2019s exactly what Berlin, Brussels, and the IMF wanted.<\/div>\n<div class=\"content\">\n<p>By turning the screws on the Greek banking sector and bringing the country to the brink of ruin, the troika indicated its willingness to \u201cpunish\u201d recalcitrant politicians who pursue anti-austerity policies. On the one hand, countries have an obligation to pay back what they owe, but on the other, the subversion of the democratic process by using the purse string to effect political change is a rather disconcerting phenomenon and we expect we\u2019ll see it again with regard to the Socialists in Portugal.<\/p>\n<p>After a month of infighting within Syriza Tsipras did manage to consolidate the party and win a snap election but he\u2019s not the man he was &#8211; or at least not outwardly. He\u2019s obligated to still to the draconian terms of the bailout and that means he is a shadow of his former self ideologically. As we\u2019ve said before, that doesn\u2019t bode well for societal stability.<\/p>\n<p>On Thursday, we get the first shot across the social upheaval bow as the same voters who once came out in force to champion Tsipras and Syriza are staging massive protests and walkouts. Here\u2019s\u00a0<a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2015-11-12\/greece-comes-to-a-standstill-as-unions-turn-against-tsipras\">Bloomberg<\/a>:<\/p>\n<blockquote>\n<div class=\"quote_start\"><em>As Greek workers took to the streets in protest on Thursday, Alexis Tsipras was for the first time on the other side of the divide.<\/em><\/div>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p><\/blockquote>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Social Explosion&#8221; Begins In Greece As Massive Street Protests Bring Economy To A Fresh Halt One thing that became abundantly clear after Alexis Tsipras sold out the Greek referendum \u201cno\u201d back in the summer after a weekend of \u201cmental waterboarding\u201d in Brussels was that the public\u2019s perception of the once \u201crevolutionary\u201d leader would never be [&hellip;]<\/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":[2,6],"tags":[2872,2892,40,2015,6760,95,195,1167,418,657,2236,2868],"class_list":["post-14349","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-alexis-tsipras","tag-anti-austerity","tag-austerity","tag-bailout","tag-berlin","tag-brussels","tag-debt","tag-greece","tag-imf","tag-protests","tag-syriza","tag-troika"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14349","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=14349"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14349\/revisions"}],"predecessor-version":[{"id":14350,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14349\/revisions\/14350"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}