Greece is playing it correctly. Agree to everything. Give Germany no excuse to do what they want. Get the money.Treat it like the great giveaway to FX traders that bailouts always are.
BONUS: The bailouts there work pretty much the same way they work here; as a bonanza for speculators:
In essence, then, it looks like investors are front-running the governmentβgetting out before the official stimulus dries up. Today, what began as a fairly normal down day turned into a rout in that last hour of trading...