German Households Pass €10 Trillion in Savings After Disciplined Decade of Highest Savings Rates
Having maintained the highest household savings rate among European countries for 10 years, German citizens have together squirreled away $11 trillion in personal wealth. This gargantuan rainy day fund was the result of a 20-21% average savings rate maintained by the country between 2014 and 2024. It ranked among the highest savings rates of any […]
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