Roberto Abraham Scaruffi: The Banking Crisis in Germany: Can the Bailout Prevent an Economic Meltdown?

Monday 20 October 2008

The Banking Crisis in Germany: Can the Bailout Prevent an Economic Meltdown?

The Banking Crisis in Germany: Can the Bailout Prevent an Economic Meltdown? Despite the historically unprecedented bailout package for Germany's banking sector there are growing concerns that a deep recession is on the way. Will the German government have to put together a rescue plan for the broader economy as well? http://www.spiegel.de/international/business/0,1518,585324,00.html