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German politics: Of scissors and biting
Keywords:
Tags: Germany,
Increasing disparity in incomes, higher inequality and the middle class.
01/03/2010
The situation in the US, Germany, Britain, China, India, Brazil and other countries.
Grouped Articles
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New York Times 07/19/2013
New York Times 09/12/2013
German elections pit Merkel, challenger over poverty problems - The Washington Post
Washington Post 09/17/2013
Americaâs Sinking Middle Class
New York Times 09/18/2013
Europe's Easy-Money Policy Snubs German Savers
Wall Street Journal 11/25/2013
Germany's Social Democrats Agree to Coalition Talks With Merkel
Wall Street Journal 10/21/2013
The fourth poverty and wealth report and the idea of missing social solidarity or "gerechtigkeit" in Germany
03/09/2013
Grouped Articles
German politics: Of scissors and biting
Economist 03/09/2013
German politics: Of scissors and biting
Economist 03/13/2013
Study finds 2 million poor children in wealthy Germany | Germany | DW.COM | 12.09.2016
DW.COM 09/12/2016
Opinion | It Doesn’t Matter Who Replaces Merkel. Germany Is Broken.
New York Times 12/07/2018
Inequality in Germany
12/06/2011
Grouped Articles
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
German elections pit Merkel, challenger over poverty problems - The Washington Post
Washington Post 09/17/2013
Europe's Easy-Money Policy Snubs German Savers
Wall Street Journal 11/25/2013
Germany's Social Democrats Agree to Coalition Talks With Merkel
Wall Street Journal 10/21/2013
Americanized Labor Policy Is Spreading in Europe
New York Times 12/03/2013
German politics: Of scissors and biting
Economist 03/13/2013
Der Deutsche Sparer- German savers and low interest rates of 0.25% in Germany
03/03/2012
Only about 9.4 million Germans own stocks and mutual funds. German savings are much higher than int the U.S.- about 10% compared to 5%. The low interest rates and conservative approach of workers and middle class in avoiding equity investments especially after the 2008-2009 financial crisis means that their savings are falling behind inflation and declining in value. Media reports in Bild and Der Spiegel are critical of this transfer of wealth from workers and the middle class to upper income Germans. Increase in stock and mutual fund investments by Germans are still only about 5%, with a 5% decline in savings deposits, meaning workers and middle class still are risk averse to equities.
Grouped Articles
Europe's Easy-Money Policy Snubs German Savers
Wall Street Journal 11/25/2013
Americanized Labor Policy Is Spreading in Europe
New York Times 12/03/2013
Euro-Zone Inflation Returns to Record Low
Wall Street Journal 02/02/2014
Low Rates for Savers Are Reason for Complaint - Fair Game
New York Times 03/03/2012
German politics: Of scissors and biting
Economist 03/13/2013
Euro Zone Edges Closer to Deflation
Wall Street Journal 03/29/2014
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