Now that Europe is clearly unfixed once more, it is time to shift attention back to broke Greece where as we showed yesterday [8]things are certainly back to the "new normal" with 24 hour strikes again on the daily agenda. And just to keep it real, Greek police reported that the new Greek Finance Minister received a care package with just two contents earlier today: a bullet and a death threat.
From Reuters [9]:
Greece's finance minister was sent a bullet and a death threat from a group protesting home foreclosures, police officials said on Monday, in the latest incident to raise fears of growing political violence.
The package was sent by a little-known group called "Cretan Revolution", which warned the minister against any efforts to seize homes and evict homeowners, police sources said. The group sent similar letters to tax offices in Crete last week.
Yannis Stournaras, a respected economist who became finance minister in June, has angered many Greeks by championing austerity policies demanded by the European Union and International Monetary Fund as the price for bailout aid.
It was unclear as of this posting how the mainstream media will spin the particular development in Greece as favorable for the economy, and supportive of all time highs in the S&P. We will provide an update once we know the answer.
One thing we do know is that it is becoming very possible that the next time a bullet is delivered to the Greek authorities, it could well be traveling faster than just at snail mail pace.
Finally, it is time Greece took a hint from the US and banned all bullets. That would surely eliminate all such fan mail in the future.