[Greek kamaki]

I don't think the US is so much better positioned than the Germans.They have printed too many dollars.Although there is supposed to be an inflation trap some of the devaluation can be real.There is also too much bluff played on by both sides.The point is who will retreat at the end or whether we are going to see a compromise because the stakes are rather high.

Basically in this game the winner is the one who collapses last.