Germany goes back to 1945.
At the end of World War 2, the German economy was in such a bad state people took their wages in a wheelbarrow as the Mark was worthless.
With the latest news from Germany, the country is going to be going back to those days. Anyone who is against Brexit is stupid as the German bank is now 250 Trillion pounds in debt. If we Remain in the EU I have no idea if these debts will ever be cleared.
As soon as Brexit was mentioned the German press announced that the bank was heavily in debt, people online told me that I was silly talking about the largest bank in Germany going down. The mews was strengthened when Angela Merkel begged Theresa May to have a trade deal, she said if we did come out Germany would have to lay off over 750,000 people.
One of the problems is Germany has no tourist trade, but the main issue is that since the fall of the Berlin Wall there has been a constant flow of Germans leaving East Berlin for the West when you add the thousands of Muslims that went there in the last three years you have the mix for a failure of the most catastrophic kind as we are seeing now.
The basic cause is you have all those extra people but no jobs for them, so they are expecting services, food, and other items but are not putting anything into the economy.
No bank lays off over 180,000 and fires its chairman unless it is in dire straits and that is what happened at Deutsche Bank this month.