[Sirius]

Originally Posted by Osem

I can't see the Germans wanting to leave the Euro just yet - it's a lot weaker than the DM would be and this makes their exports cheaper. Who's to say what's around the corner though - I just hope it isn't chaos. The long this uncertainty goes on however the bigger the crisis when it happens. It's a bit like Brown's 'boom & bust', he didn't break the cycle he just prolonged them.

http://www.telegraph.co.uk/finance/f...Saxo-bank.html

From the link above this worries me, it shows just what the Euro elite will do to save the Euro Wreck

Savers in the Bank of Cyprus took a hit at the end of April as 37.5pc of their uninsured deposits were converted to equity as part of the island's €10bn (£8.4bn) rescue deal.

“Cyprus was a template,” he said. “Expect not only bail-ins, which if defined clearly ahead of time could be part of the solution, but also outright confiscatory wealth taxes, disguised as solidarity payments.”