Election Fixation

What'll you do when you get lonely
And nobody's waiting by your side?
You've been running and hiding much too long
You know it's just your foolish pride
--Derek & the Dominos

Weekend elections in France and Greece are tilting toward new regimes that appear even more socialist than the current regimes. The world is fixated on the results here. Why? Because of the overleveraged, cross linked nature of the global financial system. Dominoes start falling.

Any event that might reduce intensity of market intervention attracts global attention. Laughably sad, really.

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