Germany in a Credit Crunch | Made in Germany
Its becoming more and more difficult for companies and consumers to get a loan. Buying a new TV on credit,pre-financing a large project or starting a business lenders are forcing potential borrowers to run the gauntlet.The reason: Banks are only willing to loan money when theres adequate collateral involved. Risk-taking,it seems,is a thing of the past. Report by Dan Hirschfeld
