"David can beat Goliath, but it's not easy,"

"David can beat Goliath, but it's not easy," Podemos' (Spanish anti- establishment party) leader Pablo Iglesias told a political rally on Sunday. So the picture is well drawn up. In the minds of the Greek youth, and many anti- establishment people in Europe,  an overbearing establishment (led by the Frankfurt am Main's and Berlin's, sophisticated Goliaths) is seeking to throttle their rustic living. It  may well be that under threat, David may blink and back off   like trapped animals, at least for the present but there are scars in the souls which need to heal.

World over, the combination of unemployed youth, the credit laden, insecure but aspiring  middle class are coalescing for an ant-establishment thrust.  Podemos, in Spain, Syriza in Greece the Greens in Australia and the AAP or Common Man's Party in India are all depicting this mass  despair at and dislike for establishment  practices.

It is not the demand for war reparations by the Greeks or the repeated, monotonic  austerity emphasis of the Germans that would solve matters but the US and Canadian suggestion of a loan work out. Austria knows Europe will be affected by a Grexit and therefore calls for negotiations and there is the wisdom of the ages in that entreaty.

But wisdom is a latecomer; and this battle in Athens and Sparta  are at the cost of the market.

The G 20 in their Kafkasque manner met and held their routine and decided to meet another day!!!

Views expressed without any risk or responsibility.