This is a discussion on Debt Collapse - $20,000 Gold - Mike Maloney On Gold, Silver & Economics within the The Political and Social Snake Pit forums, part of the Current Happenings category; My Bad ... I'd LOL too ..If you had the money would you invest in a German Bank or lets ...
HOLY SHIT!!!!!!!!!!!!!!!!!!My Bad ...
I'd LOL too ..If you had the money would you invest in a German Bank or lets say a Greek Bank ... I'll call'm German Euros because no other countries are as strong economically as they are. Also even though they share a common currency not many people or businesses are hedging on say Spain or Italy .. So I admit I was wrong and should have said German Eurobonds ... My bad
WB nikki...lol
After talking to many people about this ..most all believe because Germany is the big economic engine in the EU the currency is theirs, all other countries struggle to keep up with the German standard of living with the exception of France, Belgium and Switzerland ...
Also when ask my financial adviser would buy German bonds (German Eurobonds) over the Pound. Even though Germany is backing the Greek, Spanish and Italy Bonds.
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