“Overall, Germans are actually very rich, having accumulated 6.6 trillion euros in financial assets by the end of 2019. But there are few other countries in Europe where people’s money is as poorly invested and as unequally distributed.”

Source: Der Spiegel

Left Behind By the Coronavirus

Germans could lose as much as 390 billion euros due to the coronavirus pandemic. Some groups have been hit harder than others, and even a big chunk of the middle class is at risk of slipping into poverty.
Foto: Karsten Thielker

The risk groups got mixed up during the economic crisis.
“I seriously started crying when I heard that.”