Greek Protests Turn Violent (Update - Not Just Yet)

Tyler Durden's picture

Update: it appears that the Guardian clip is from June when tempratures were a little warmer. That said, today's developments will likely not end in a very different fashion. For today's "riot" developments, follow kathimerini.

In a sad but entirely unsurprising turn of events, the people of Greece are indeed beginning to realize the dead end of their situation and what the politicians are about to do to them (sadly they also are not frontrunning the latest bevy of BS rumors out of Greece which have lifted the EURUSD by 110 pips on the same rumor rerun we have seen over and over and over and over and over and over and... so on ad inf). As the entire country strikes, the UK's Guardian notes that protesters in Athens are once again clashing with police as violence erupts outside the Greek parliament. After 30 years of Keynesian imbalance, is it any surprise that social unrest would once again erupt as austerity impositions are force-fed to a nation who recognizes the almost entire lack of benefits accruing to them from another Troika bailout.