FRANKFURT – Germany – The European Central Bank’s offices are bristling with excitement this morning with the question, “Who gets the next Herr cut?”
Rumour has it that Spain is next in line for a bank depositor raid by the EU, but then again it could be Italy or maybe Portugal.
In Brussels, some eurocrats have taken to tossing coins to determine who gets a haircut.
What about the Germans? They may need to have their banks ‘restructured’ as well? Many Germans are now fearing a 40% raid on their accounts if things do not get better soon.
“I’ve been working all my life and have saved my money in my account. Why should I be punished?” Adolph Shitler told a German newspaper yesterday.