3 ms·
>The people who have benefited the most from this arrangement are the German capital class. It's not necessarily Germans who own the companies. This article fr
by toohotatopic 7y ago
>The people who have benefited the most from this arrangement are the German capital class.
It's not necessarily Germans who own the companies. This article from 2014 shows: [1]
>>Who owns the DAX, Germany’s pre-eminent equity index?
>>Not many Germans, it turns out. According to fresh research from the Bundesbank, the share of domestic ownership of the index—which comprises the 30 largest public companies in traded in the equities markets—fell from 44.1% in 2005 to 36.3% in 2014. Meanwhile, the foreign ownership share rose from 55.9% to 63.7%.
[1] https://qz.com/273655/foreigners-own-most-of-germanys-dax/ https://qz.com/273655/foreigners-own-most-of-germanys-dax/