Friday, November 26, 2010

Germany cannot keep paying for bail-outs without going bankrupt itself. This is frightening people. You cannot find a bank safe deposit box in Germany because every single one has already been taken and stuffed with gold and silver. It is like an underground Switzerland within our borders. People have terrible memories of 1948 and 1923 when they lost their savings."

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8160999/EU-rescue-costs-start-to-threaten-Germany-itself.html

Germany cannot keep paying for bail-outs without going bankrupt itself. This is frightening people. You cannot find a bank safe deposit box in Germany because every single one has already been taken and stuffed with gold and silver.
It is like an underground Switzerland within our borders.
People have terrible memories of 1948 and 1923 when they lost their savings."
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