...then at leasts let's get their arse kicked out in the ugliest way imaginable, like for like. After that will Eurocrats be sent for "re-education".
* EU official says Greece deal looking unlikely by tonight* I guess news headlines will be streaming in for the next few hours prior to the meeting.
...Dax making all-time highs, the index over the past couple days/weeks looks like as if it could not care less what is going on in Greece...Mar15 Futs near 11k.
None of the markets have cared about anything but going up - regardless of any risk. Heck, the DAX has already priced in 7 Greece agreements.
best hedge? Extremely far fetched...and there is no "best hedge". The best hedge is to reduce or eliminate the original risk. Learned in the first month at the exotic rates desk.