germans and their money

Germans don’t like to part from their money. On average each of them has 57.900 Euro (85,000 Dollars right now) in the bank or in stocks. Per person. Not per household. On average people in Germany spend 10% less than they make. That probably explains why S-Class Mercedes or Porsches are a rare sight here. They get made and sold to people that have the money (these days mostly found in countries with oil) or ones that pretend they have (hm, let me guess where that would be). Tragically much of those saved Euro’s were used to finance US mortages.

Right now the Iraq war seems to have cost 482 Billion US$.
So Germany could have paid for 14 of those. From it’s savings.

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