Numa Tétaz – a Swiss studying engineering in Munich – lived through the crisis: Almost everyone is into dealing. What is bought today for a million can be sold tomorrow for a billion. The key is always to find someone who thinks more slowly than the seller. Everyone knows it can’t go on like this but no one has any idea what to do. You swim in a dirty and deceptive stream. Everyone lives in dread but somehow carries on. We don’t talk much politics in our group. I only realised the next day that the putsch had happened.2

