to be fair, it's a bit more complex than that.  You are correct, especially from a worker's perspective.  But we (i can say we, i suppose, as a german taxpayer), we also do the heavy lifting.

And there is the small beginnings of a move to put risk back onto the bondholders etc.  Please remember that financial institutions control many governments, not just in Germany.

We're all in this together.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin