Germany Dominates Europe
Germany, the most powerful economy in the EUR zone is enjoying the lower EUR while at the same time being able to dictate to other countries how to conduct their business. This was the whole point of the union, and it's working out just fine for those in power (i.e. Germany). Membership in the EU, or any other such union, is only beneficial to you if you are holding the reins. It is a form of colonization. This is not a new idea - just a new way of doing the same old thing.
Now with Germany's and the IMF's dirty little fingers in the Greek pie, Greece has effectively been enslaved. With the increase in globalization, this type of behaviour only propagates itself. The strong weaken the already weak, and then move in to own them. While the markets like all the fuzzy warm feelings that come with big brother watching over his irresponsible younger siblings, there is something far more unsavoury going on. Greece will not recover from this for a very long time, and the global markets along with it. They are shackled together. In the long term, and in the current Keynesian system, this can only mean one thing - short the economy and long commodities (inflation). Trade accordingly. Wait for everything to become rosy again, when all the numbers point to a strong global economy and minimal inflation, then act.
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