Guess who wins (these days, I mean)? Duh. But it’s only a paritial victory, as Germany tries to spin it (they don’t want to gloat all too much publically).

After China and Germany teamed up and publicly slammed the Federal Reserve’s decision to buy $600 billion in Treasury bonds last week, now they’re shoulder to shoulder at the G20 successfully resisting this EVIL infusion of cash (= dollar devaluation) together too. They are doing this because, well, only China is allowed to devaluate its currency, I guess. And a weak dollar also means a strong euro which would hurt German exports and, well, this isn’t allowed to happen either.

Strange bedfellows aren’t they? Sure. What can/will President Obama do about it? Not much, it seems. But at least everybody over there still really, really likes him. And that’s the main thing.

It’s a mystery, isn’t it? How we got here, I mean? Well, no. I guess it isn’t. But why this happened as it did is all too, uh, deep for me. It’s kind of like this current German hole within a hole conundrum going on.

I mean, don’t like two holes make a non-hole?

“Obama muss klein beigeben”