Wagenhofer looks behind the scenes of the colourful backdrop of banks and insurance companies. What does our pension provision have to do with the property blow-up in Spain? We don’t have to buy a home there in order to be involved. As soon as we open an account, we’re part of the world-wide finance market – whether we want to be or not. The bank enters our account into the global money circuit. Possibly banks or pension funds lend our money to speculators.
‘‘What is happening to us is not a crisis of finance but a crisis of society.’’