Cash deposits of German citizens at foreign banks. These are not protected by German deposit insurance systems, not even for small investors. In the event of nationalization or even state bankruptcy, the sums deposited with a foreign bank are generally lost. – See Deposit Insurance, Icelandic Bank Trap, Repatriation Effect.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/