4. The financial crisis of 2008 revealed significant weaknesses in banking systems around the world, particularly with respect to excessive lending and risk-taking that was not supported by adequate capital and liquidity buffers. However, different countries experienced the repercussions of this in different manners.

To illustrate this, use FRED data on bank capital to calculate total assets for Japan, Germany, and the Eurozone. What conclusions can you draw about the post-2008 experience of each of these economies?