These wage-hikes however are private sector wages, not public and if anything could have a positive fiscal result. Also note that a raise in lower pensions can and will be accompanied by a reduction of higher pensions. And I would expect that the confidence of many would be affected positively by putting a floor on the austerity disaster...

So this is all theoretically feasible especially since a SYRIZA government will be the only government in recent memory which will aggressively attempt to collect taxes from the rich... But we're entering a highly chaotic period and there are swarms of butterflies around of the sort that cause hurricanes afar... So, who knows?

The election of Tsipras is IMHO the only hope for Europe. But if SYRIZA fails, well, then there is of course the Nazis. It is getting that ugly, thanks to EU solidarity of the sort we have witnessed in Greece lately: to banks

The road of excess leads to the palace of wisdom - William Blake