Poor Germany

Well, here’s an eyebrow raiser: Germans Among Poorest in Europe: ECB Study. The paper is available here: The Eurosystem Household Finance and Consumption Survey. The cross country comparison of net wealth can be found in Table 4.1 on page 76. Median net wealth in Germany for 2010 was 51K eur. Compare this to median wealth [...] View the full post at: Poor Germany Related posts: The U.S. Housing Market is Now Slightly Undervalued Standard & Poor’s Cuts CIT Rating Is the Nation’s Largest Housing Market Nearing a Bottom?