Gyroscopic Investing

Riding a wave of public anger at corrupt politicians, austerity and illegal immigration, Golden Dawn has seen its popularity double in a few months. A survey by VPRC, an independent polling company, put the party's support at 14 percent in October, compared with the seven percent it won in June's election.

Political analysts see no immediate halt to its meteoric ascent. They warn that Golden Dawn, which denies being neo-Nazi despite openly adopting similar ideology and symbols, may lure as many as one in three Greek voters.

http://www.reuters.com/article/2012/11/ ... 9F20121112

Weimar Republic reinvented?

If Greece lets things collapse to the point where they revert to a totalitarian regime, they'll have no one to blame but themselves.

As I see it from Europe, but not from Greece itself : Greece is in a highly deflationist spiral where people face more & more salary cuts, year after year, and there are less and less public services available. People earn less & less and the police is more & more inefficient as there are less and less policemen will criminality skyrockets. This is a situation Greece can hardly overcome as it cannot print money to pay off its public debt and, at the same time, all countries in Europe forbid it to default (and they do that by giving them a little more money every time the country pushes a little more the deflation button).

Greece is trapped. They can blame themselves, they jumped in the pool while they knew they couldn't swim, but they can also blame the rest of Europe who's yelling at her "sure, I can help you, cut off your leg first, please !"