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A 2011 ''Telegraph'' article said concerning the European Financial Crisis: "Either way, not a single Protestant or Germanic EU country has so far needed a bailout" (Some Roman Catholic countries in Europe received bailouts).<ref>[http://blogs.telegraph.co.uk/news/edwest/100116846/yet-another-catholic-country-needs-a-bailout-from-the-protestant-north/ Yet another Catholic country needs a bailout from the Protestant north…]</ref>  Germany, the great economic powerhouse of Europe, was the fountainhead of the Protestant Reformation.
 
A 2011 ''Telegraph'' article said concerning the European Financial Crisis: "Either way, not a single Protestant or Germanic EU country has so far needed a bailout" (Some Roman Catholic countries in Europe received bailouts).<ref>[http://blogs.telegraph.co.uk/news/edwest/100116846/yet-another-catholic-country-needs-a-bailout-from-the-protestant-north/ Yet another Catholic country needs a bailout from the Protestant north…]</ref>  Germany, the great economic powerhouse of Europe, was the fountainhead of the Protestant Reformation.
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=== China ===
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In [[China]], the growth in religion has accompanied China’s fast economic growth over the last twenty years. Christianity is seeing rapid growth in China and the historian Niall Ferguson attributes this recent economic growth to the Protestant work ethic being more incorporated into Chinese society.<ref>[http://blog.tifwe.org/the-protestant-work-ethic-alive-well-in-china/ The Protestant Work Ethic: Alive & Well…In China] By Hugh Whelchel on September 24, 2012</ref>
    
===Japan===
 
===Japan===
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