Wednesday, July 20, 2011
‘Germany is not Greece’ t-shirt..anyone?
Panicky Germans look at the US and the UK and turn fearfully to their leaders with a message that says "avoid following these Anglo-Saxon risk-takers at all costs"...... The problem for the Germans is that much of their wealth is intangible and can suddenly be worth a fraction of its former value. Huge investments in Italy and Spain are now teetering on the brink of worthlessness.