As Greece faces early elections, as their parliament was unable to elect a president, establishment concerns over the populist Syriza party could be amplified as the political party’s 40-point program to solve Greece’s debt crisis is released. Greek Syriza party a chicken in every pot plan Called by some “a chicken in every pot plan,” Syriza’s promises have been likened to writing checks that can’t be cashed and making promises that are not realistic. Much of what the plan calls for is increasing spending, reducing its already agreed upon debt payments and floating more debt. For instance, the plan calls…
Greek Syriza Party Writing Checks That Can't Be Cashed
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.