But we are a lot weaker than Germany, which invested properly in training and technology, whose banking system stuck with manufacturing,
Like buggery bollocks it did.
The German banks, especially the Lander based ones, were total patsies for every dodgy deal that rolled off the Wall Street production line.
The German government whipped its €480 billion bank bailout package through parliament in record time, but now the program has run into trouble. The banks are still fighting for survival, the money market isn\’t functioning properly, and taxpayers\’ money is being burned.
Even in Germany 480 billion is real money you know.