Earlier this week, Germany's Chancellor Angela Merkel was seen striding through the Chancellery in Berlin carrying what looked like a shopping bag. In fact, you had to look close to realize it was Ms. Merkel, such was her appearance, resembling more of Charles Laughton after a month of ingesting Nutra-Slim than a healthy and robust Ms. Merkel. The lengthy, late-night negotiating sessions were eating away at her, it seemed.
And what is in the shopping bag? Redeemable empties in case the failure of Greece to negotiate debt relief pulls the Euro down so far that the only real currency is that of empty Beck's beer bottles? A backup plan is always prudent, but will this be enough? Can Germans empty that many bottles of Beck's that they can float a new currency, or merely float down the Rhine themselves?
Or maybe it's Drachmas, in case Greece re-negotiates the debt, but pulls out of the Euro and reinstalls their beloved Drachma. Again, that's why they call it a hedge fund: play both sides down the middle with enough math and hope you win no matter which way the wind blows.
Thankfully, all this was earlier in the week. Things started to look better as the Greeks seemed to be coming around to accepting that they may actually have to pay something back, or be folded into Italy, a prospect neither country was looking forward to.
Subsequent photos of Ms. Merkel (not provided here yet) later in the week did start to show her improvement in health and what she was carrying.
Now, if someone will get Greece's Prime Minister Alexis Tsipras a necktie, sartorially splendor will be restored, and neither he or Ms. Merkel will look they're worried about money.
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