Euro Bailouts: Savers Be Warned – Your Money’s Not Safe

Germans are right to be worried about their savings because the euro bailouts will make most of them poorer in the long term — through higher inflation and lower payouts from life insurance and pension schemes. Why can’t crisis-hit nations follow the Cypriot example and make rich depositors pay a…

Originally posted here:
Euro Bailouts: Savers Be Warned – Your Money’s Not Safe

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