The people in Germany, in spite of the interest rate lull in the sum so wealthy as never before. The financial assets of private households rose in the third quarter of 2018, for the first time above the mark of six trillion euros. The Deutsche Bundesbank announced this Wednesday. Compared to the second quarter of the sum increased to the record value of 6053 billion euros. This is mainly due to the fact that the citizens to save a growing portion of their disposable income.
The Bundesbank, it is not taken into account in the calculation of the monetary assets cash, Bank deposits, securities and claims on insurance, but real estate. How the wealth is distributed, it is not apparent from the data.
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are Especially popular as cash and deposits in banks – for example, checking, money market accounts, or money market accounts. And, although banks and savings banks offer, if at all, only sparse interest. The bottom line the savers lose in the case of rising Inflation, even money. If this is so, the assets of the German is stagnating, in spite of the ever-greater austerity measures.
at the end of September were 2405 billion euros in the Bank deposits or were retained as cash. Almost as high in popularity are the life insurance and other Provision for old age. Here are the stocks with the previous quarter, increased to 2257 billion euros.
shares many German citizens to a bow. With 643,8 billion euros, the shares rose stocks and other equity quarter-on-quarter. This 595,7 billion Euro in investment Fund .
In contrast to savers to benefit borrowers from the interest rate doldrums. Households took advantage of low interest rates, according to the Bundesbank in the third quarter of 2018, in order to gain favorable loans, particularly for housing. The total liabilities of private households increased to 1776 billion euros.
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