Bundesbank Vice President Franz

What does mean that again? Emerges from this last paragraph of background already, how to continue the development of the euro debt market and that does not bode well. Increase the base amount of debt or debt restructuring basis, that already exist, that a guarantee does not mean now times that guaranteed money must not be rented and must be ultimately increases the existing debt burden (base amount) of the States concerned and operated at least with interest. Repayment is currently realistic at all not to think and will be in the next decades not to think. We want to not think at the entrance of a recourse to the guarantees–rather, because it would be the complete financial education throughout Europe. This whole history is no solution of the things and serves only the people and the financial markets calm down. The European banks have to do anything Even skeletons in the closet, which resulted in dubious real estate financing are abound. Bundesbank Vice President Franz-Christoph Zeitler estimated this alone in Germany EUR 100 billion, if that is enough time? All in all faces the Monetary Union a trillion disaster, a bubble, as the banker says, that most certainly will burst, as it will be no longer be financed in the form of savings packages. It’s just honest logic related to real, which does not follow the General dumbing down of people and politics.

Europe in free fall and who is going to save us. They talk also only by the rescue of the euro. Just so, as it involves a twenty euro banknote, in my pocket, which can be exchanged for emergency back in Deutsche mark, Swiss franc, crowns, etc and then it just goes on and the crisis is finished – just so over. No, it’s going to be or not to be, it’s about the biggest financial crisis the world has ever seen.