That was my exact thought...when Deutsche Bank fails, Europe will be in trouble but that money will head straight to the U.S.
The most unfortunate part of this situation is that many Americans would like us to travel the same path as Germany and the E.U. They will not admit socialist policies have failed everywhere in history, are failing Europe today, and they will fail here, too.
It’s bad news for the EU... and there’s bound to be financial ripples that could hit us here. But you’re right - money will seek safety.