by Martin Armstrong, Armstrong Economics:
Greece has already moved beyond sporadic protests into sustained economic resistance driven by energy costs. Farmers across the country have mobilized on a national scale, deploying thousands of tractors to block highways, border crossings, and major ports. These actions have disrupted trade flows and forced the government into direct negotiations.
The demands are centered on energy. Farmers are calling for tax-free diesel, electricity price caps, and direct subsidies to offset rising costs. Agricultural production in Greece is highly sensitive to fuel prices, particularly for irrigation, transport, and machinery. When diesel prices rise, the cost of production increases immediately, and many farmers operate on margins that cannot absorb those increases.
On Wednesday, Maryland’s House of Representatives followed the state Senate’s lead and passed a ban on Glocks and other handguns Democrats describe as “machine gun convertible.”
