03-25-2013, 02:46 PM
Well history shows that Germany likes to throw its weight around and the way it has behaved with Cyprus just shows it is at it again. With a German election coming up the politicians also wanted to show they were in control.
So it now looks like people with over €100,000 are going to get screwed, and the withdrawals may be capped. Something that is difficult to drop once brought in. Just look at Iceland's short term measure of a cap .... 5 years ago!!!
So it now looks like people with over €100,000 are going to get screwed, and the withdrawals may be capped. Something that is difficult to drop once brought in. Just look at Iceland's short term measure of a cap .... 5 years ago!!!