Germany no longer considered Safe Haven

 'When your ship is sinking, there is no safe room on board. Likewise, when Europe is sinking, there is no safe country in which to stash your money. No, not even Germany.

Investors have been remarkably slow to grasp this simple truth...'

http://www.businessweek.com/articles/2012-07-24/germany-is-no-longer-a-safe-haven#r=read