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Not to be outdone, the Czechs speak of wealthy German speculators buying up their land, and about other Germans, whose grandparents once owned houses there, returning to claim their property.
The mass privatisation of public property at wiener schnitzel prices has German speculators dipping in their spoons as well, though the Federation of German industry is complaining about Greece's own "princes" gobbling up the assets.
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Speculators speculate more, hedgers hedge more.
In the 1840's, two German-American land speculators, Frederick Heyne and Frederick Herzog, laid out lots on land they owned and beckoned ethnic Germans from the city.
Speculators will speculate.
Stocks on Wall Street declined on Wednesday as a German measure meant to thwart speculators in the European debt markets revived concerns about the debt crisis in Europe.
The Spanish debt build-up was a private-sector drama, with French and German banks lending money to Spanish real-estate speculators.
However, this was somewhat squashed when French President Nicolas Sarkozy and German Chancellor Angela Merkel launched a clearly co-ordinated pincer attack on speculators, bankers and investors to tell them in no uncertain terms that they would do anything that was necessary to defend the euro and prop up weaker members of the currency union.
He sent currency speculators into a frenzy earlier this year when he insisted to a German newspaper that "we are not pursuing, as it is often said, a policy of a strong dollar".
In no time, Germany's recession-immune stance was made to look plain silly by the German economy's dramatic retreat from growth and the exposure of German banks as front-line subprime mortgage speculators.
It would also help if German leaders made a more positive case for defending the euro zone, rather than the negative case for punishing "speculators".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com