"If maps were shaded like balance sheets, the bottom part of mainland Europe would be deepest red. Italy, Spain and Portugal are heavily in debt. They are also Catholic countries. Their predominantly Protestant neighbours to the north, including Germany and Scandinavia, are in comparatively good shape financially. Is that simply a coincidence, or is Max Weber's theory about the Protestant ethic being intertwined with the spirit of capitalism still valid, over 100 years on?"
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Chris Arnot, “Protestant v Catholic: which countries are more successful?”, The Guardian, (Mon 31 Oct 2011 13.00 EDT First published on Mon 31 Oct 2011 13.00 EDT)
https://en.wikiquote.org/wiki/Economy_of_Germany
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Economy of Germany
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