South America woke up - Europe is waking up - America?

Antonis Samaras with the pro-austerity New Democracy party edged out the anti-austerity SYRIZA party and Alexis Tsipras in Sunday's Greek Parliamentary elections. The New Democracy Party got 29.7% of the vote - SYRIZA only got 26.9% of the vote. BUT- New Democracy didn't pick up enough seats to a have a majority in government, and thus must cobble together a coalition government with other parties. But the SYRIZA party - which came in second and is staunchly opposed to more austerity, has rejected calls from New Democracy to form a coalition government. As part of the bailout agreement earlier this year - Greece must raise more than 15 billion euros by selling off its commons, cutting budgets, and laying off about 150000 government workers. But in order to form a coalition government - the New Democracy Party may be forced to reach out to other parties who oppose the bailout deal in its current form - meaning Greece and Germany will likely have to renegotiate these terms. But here's the big picture behind everything happening in Europe today...