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Greek Trader Explains Why The Country Is Heading For A 'Social Tipping Point' Of Rebellion Or Civic Mutiny

From businessinsider.com

A trader in Greece gives Business Insider a grim assessment of the mood in the country right now. Right now, I am afraid there is very little visibility regarding the political developments in the next few months. You might as well toss a coin. At some point, however, I believe we shall reach some kind of 'social tipping point' regarding the ability of the Greek households and society to absorb more austerity measures, the consequential continuing steep decline in economic activity and ever rising unemployment. The result may well be social rebellion, maybe even civic mutiny and associated political and parliamentary ... (full story)

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