I 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-spania

I 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.