Saving Germans squirrel away 10% of disposable income regardless of economic crises or interest rates, double that of the average European or American. Only Swedes & Swiss save more. In contrast, Britons save about 3%. In 2016, their savings rate was actually negative. 1778: world’s 1st savings bank founded in Hamburg. Most Germans view the…
Tag: income
Universal basic income (UBI) Free money to every citizen is simpler than complex welfare benefits + tax credits. But the cost would be enormous and why bother working? Guessed the Word? Series 6 (4/5) [photo: peter-facebook]