The Restructuring Act, or Restrukturierungsgesetz, which recently came into force in Germany, provides for all banks – regardless of their size – to be either restructured or wound up in an orderly procedure.
The finding that people in rich countries don’t report much greater happiness than those in lower-income countries – even though, in any given country, the rich say they are happier than the poor do – is called the Easterlin paradox, after its discoverer.