German Banking Gloom in Charts

Recently read an interesting article regarding the German financial industry and its struggles .

The articles list four reasons why German banks are struggling:

1.) There is stiff competition within the country.

2.) A dependency for German banks to lend income.

3.) German banks have a large cash pile.

4.) Germany workers are insufficient and unproductive.

What do you think about the health of German banks? If German banks were to fail, what do you think would be the outcome?

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