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 share?
A printing plate for a 100-euro note -- the ECB is flooding markets with cash to stave off the debt crisis.

A printing plate for a 100-euro note -- the ECB is flooding markets with cash to stave off the debt crisis.

Foto: Werksbild/ picture-alliance / dpa/dpaweb
Translated from the German by Paul Cohen
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