Mate of mine who was the personal advisor to an Irish PM...yeah I know!...gave me a glimpse into "old" Europe....wealth built up over a 200+ year period now decimated by 90% thanks to the likes of Fortis etc....but nothing is said/written....ya dunna want the neighbours knowing ya sold gold pea***** terrine dish back to the Pollak family you plundered it from in the Austro-Pollak War of 1799 now do you?....consider this...when have you ever heard you can get decent accommodation or timeshare in Spain, Greece, Turkey or Italy 3 months before the season....they bunkering down only like they know how, sloshing it up in the schloss with some good Moët vintage. As John said all levels of wealth are being eroded/decimated, call it what you will but there is a seriaaas re-alignment of what we understand to be of: value, risk, wealth creation, financial relationships & ABOVE ALL - TRUST...I wonder whether the good old "Building Society" will make a comeback?....Now there were honest crooks! Adios
... View more