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The private debt in Germany for example today is lower then 1995. [1] The accumulation of debt stopped already in 2000. [1] http://ec.europa.eu/eurostat/web/pr
by holri 10y ago
The private debt in Germany for example today is lower then 1995. [1]
The accumulation of debt stopped already in 2000.
[1] http://ec.europa.eu/eurostat/web/products-datasets/-/tipspd20 http://ec.europa.eu/eurostat/web/products-datasets/-/tipspd2...
- forgetsusername 10y ago>The accumulation of debt stopped already in 2000. Because Germany ran massive trade surpluses, while other Euro states took on debt to buy German goods. I don't see a cultural shift, either.