Greek Election

The election of Tsipras is an interesting repudiation of the austerity imposed on Greeks by Germany.

Note, I said "on Greeks" not "on Greece" because by-and-large the big banks and the government were made whole again by the bailout after the failure of their massive risky investments in housing derivatives.  The people who paid the price were the civil servants, the public sector, the small business owners.

This is, to my knowledge, the first large scale pushback to Big Money's appropriation of the global economy.