30-09-2009, 12:37 PM
This strikes me as straightforward jealously by the Germans. If their banking sector were able to accrue 15% of GDP (or is it really just 7% - the figure I've come across before is more like 15% I believe?) instead of the 6% they currently earn, these comments would be coming from the UK and be aimed at Germany.
And I don't see any particularly harsh action from German Ministers to corral the past excesses of Deutsche Bank either.
But I am not defending Blighty or being xenophobic either.
The simple fact is that the entire global banking system desperately needs to be reined back and visibly and rigorously policed. But the problem is that all Governments are green-eyed and greedy for the tax revenue and financial advantages the banking sector provides and are, therefore, content to close their eyes to their very many and notable excesses - including criminality.
And I don't see any particularly harsh action from German Ministers to corral the past excesses of Deutsche Bank either.
But I am not defending Blighty or being xenophobic either.
The simple fact is that the entire global banking system desperately needs to be reined back and visibly and rigorously policed. But the problem is that all Governments are green-eyed and greedy for the tax revenue and financial advantages the banking sector provides and are, therefore, content to close their eyes to their very many and notable excesses - including criminality.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14