Recently, we have been witnessing a vertical aggravation of the political climate. The first observation is that accidentally or not, this happened mainly after the announcement that (correctly) there will be no early elections, but also secondly that Greece (correctly again) is putting up various resistances to the EU, such as single and compulsory natural gas. cut. Since then, the government has had a sense of madness that it will fall into something like “now or never.”

The second observation is that those who tear their clothes about the (apparent lack of) freedom of the press pretend that there is no widely held (correct) notion that in this country (unbridled) freedom of the press led to the creation another pole of real power, which, firstly, is not accountable to anyone and is largely invulnerable even before Justice, and therefore, secondly, affects people and things at its own discretion. Another battle for power, not freedom.

The third observation is what all of Greece is feeling: it seems completely useless and strategically self-defeating to spy on the mobile phone of the former MEP and current president of PASOK. Indeed, it is difficult to meet a person who can present a serious reason for such surveillance, counting on domestic political gain.

With a simple analysis we find the following. First, the “battle” to bring down the government immediately is indicative of the concern of those seeking her that 2023 will be a better year for her re-election than for the EMP issue. Second, that the opposition would like to benefit from any improvement in the economic climate. Thirdly, the opposition believes that improvement will come even if another government replaces the current government. Fourth, even if there is no improvement, it is believed that the opposition is less likely to worsen if it is directly in power than not. Fifth, and most importantly, this “arena” of confrontation, in the literal and figurative sense, is a conscious choice of the opposition. Behind all this cute environment lies a naivety that is truly frightening. Both the geopolitical and economic environment are the most challenging that Greek governments have had to deal with since World War II. Greece still lacks access to investment-grade markets, which it even lost in the first decade of the euro due to ongoing political inadequacy. And yet we are here again with the hooligans and thugs to overthrow the government, to opportunistically take advantage of the opportunity to be in power, to change everything, because we know better and we have no oversight. Correctly; No rights.

Non-political confrontation once again only demonstrates the paucity of arguments. To elaborate on this further, the centre-left historical argument essentially prioritizes stimulating demand almost entirely over supply (which it almost runs into). But the current situation is the worst in maybe 100 years, with an obvious imbalance of supply and demand leading to inflation everywhere. Therefore, the country and the world as a whole need a policy of deep and continuous growth in supply and productivity – all the more so given the loss of Russia and the gradual deglobalization. It’s a way of saying a little more words about the country’s need for investment grade both in name and finesse.

A very simple and disturbingly plausible scenario would go something like this. A government emerging from the centre-left carambola would have the immediate effect of losing market access—so immediate that it could emerge even before elections based on polls alone.

Why; Because such is the lack of contact with politicians who would bring sustainable solutions to the problems facing the country.

The most disturbing thing is that, by perceiving the situation to some extent, they choose a conscious thrust confusion to see where the balls of power will sit and more and more things will come out blindly – the redux of 2015, that is, with the new involvement of the old ” heroes.”

The country needs investment grade both in name and grace.

Someone will say that we have cash, it’s just that the private sector and banks are not funded by it. In addition, even now, when we have the highest available level of any country, and again, our risk premium remains the highest of all and unsustainable in the long term.

Others will say that we have the ECB with its new tools. Very well. Except that only he decides when and if they should be used and what is the correct interest rate depending on the quality of the policy pursued by the country, so prohibitive. That is, the jumba died and returned at full speed to a new supervision of a new batch of magical apprentices. The first conclusion is that the broader political system is once again oblivious to the stakes that have become painfully obvious over the past decade. And 2023 won’t even take the six months that the soap opera of 2015 or even 2010 took, because now the track is much more advanced, both domestically and internationally. Having funds in the wrong technical hands is nothing more than an illusion of security.

Conclusion Two: As long as the political confrontation is not in substance and substance against the unimaginable challenges before us, but in terms of bluster and opportunistic slinging of mud, well-intentioned citizens should be concerned.

Third conclusion: First of all, it is the citizens who must finally shake off this scum of unbridled opportunism that haunts Greece, demanding political substance from those who have ambitions to control our destinies.

Fourth conclusion: on the eve of the 2023 elections, the government must continue to demonstrate in practice its perseverance in the content of policies that excite people more than any fuss and fake upheavals of the world.

Eyes on the ball, or, as we say, eyes on the ball. Bad times.

* Mr. Inakos Lazos is an MIT alumnus and founder of Delphic Strategies, a European, Asian and American investment fund advisory firm.