From the article: "The country’s savings rate was around 10% in 2017, almost twice the euro-area average ... On average, Germans held more than 40% of their fin

From the article: "The country’s savings rate was around 10% in 2017, almost twice the euro-area average ... On average, Germans held more than 40% of their financial assets in the form of bank deposits in 2018." It's usually perilous to extrapolate anecdotes to the population.