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In spite of the crisis, the Mediterranean countries are among the wealthiest in Europe: http://www.spiegel.de/international/europe/poor-germany-it-is-time-for-a
by flexie 13y ago
In spite of the crisis, the Mediterranean countries are among the wealthiest in Europe:
http://www.spiegel.de/international/europe/poor-germany-it-is-time-for-a-debate-on-euro-crisis-burden-sharing-a-894398.html http://www.spiegel.de/international/europe/poor-germany-it-i...
As for Scandinavians, I can assure you they aren't going to bed hungry.
- Ygg2 13y agoI think I've saw that diagram, that's only half the picture I remembered. Here is the other half: http://www.voxeu.org/article/are-germans-really-poorer-spaniards-italians-and-greeks?quicktabs_tabbed_recent_articles_block=1 http://www.voxeu.org/article/are-germans-really-poorer-spani... TL;DR The gist is that first they looked at median, while mean housholds are of much greater values. Also figures seem to indicate that a lot of wealth of Germany is located in their state and not in their household ownership. Basically most German households don't have money for bailouts but Germany does.