Sunday, October 5, 2008
A good idea.. I think
Full deposit protection is nigh
The decision by the German federal government to guarantee all private savings in German banks is momentous. In a globalised banking market, in which money can leak across borders like a sieve, it will be almost impossible for the UK not to follow Germany's lead.
Posted by mario @ 05:55 PM (550 views)
2 thoughts on “A good idea.. I think”
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planning4acrash says:
Not worth protecting, if the protection renders the savings worthless.
Mariothegreat says:
yes but tomorrow I will go to take out the money exceeding the max protection and if everyone will do the same the banks could have some problem…. why I should risk the saving of all my life mate? For Brown?
cheers