Monday, February 13, 2012
(via Athens Burning: Tens of Banks in Flames After Athens Passes Austerity Bill)
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“Resentment towards Germany and the financial elite is becoming engrained in the psyche of regular citizens in the periphery.  Remonstrations are progressively intense.  Like trends in financial markets, psychological trends aren’t linear.  We are currently in a lull and protests are likely to pick up in the coming months, as the effects of austerity harshly bite Main Streets of periphery countries.”— (RCS Investments Macro Outlook: Jan 16, 2012)

(via Athens Burning: Tens of Banks in Flames After Athens Passes Austerity Bill)

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Resentment towards Germany and the financial elite is becoming engrained in the psyche of regular citizens in the periphery.  Remonstrations are progressively intense.  Like trends in financial markets, psychological trends aren’t linear.  We are currently in a lull and protests are likely to pick up in the coming months, as the effects of austerity harshly bite Main Streets of periphery countries.”— (RCS Investments Macro Outlook: Jan 16, 2012)