Inflation makes life expensive - whether it's food or, above all, energy.
Up to 60 percent of Germans will soon need everything they earn to live.
Savings bank president Helmut Schleweis warns that there will be no money to save – not for the first time, by the way.
The numbers just don't show that.
The German savings banks are still receiving fresh customer deposits.
Not as much as at the height of the corona pandemic, when there was hardly any money to be spent, even if you wanted to, but still.
Is the savings bank president therefore a pessimist, does he adopt the thoughts of the left or the left wing of the SPD?
The suspicion would be obvious if you only look at the savings rate of the Germans.
But the statistics are distorted.
On the one hand, the effects of the galloping energy prices are not yet really visible.
On the other hand, huge amounts of money are now ending up in accounts again, which was stored in savings stockings and in safe deposit boxes in times of negative interest rates.
It is also true that in the future there will still be enough Germans who can definitely afford to save.
The fact that the current situation – triggered by the Russian war of aggression in Ukraine – contains social explosives is real.
Even if it is not the original task of a savings bank president to warn against this, he should still be heard.
that there will still be enough Germans in the future who can definitely afford to save.
The fact that the current situation – triggered by the Russian war of aggression in Ukraine – contains social explosives is real.
Even if it is not the original task of a savings bank president to warn against this, he should still be heard.
that there will still be enough Germans in the future who can definitely afford to save.
The fact that the current situation – triggered by the Russian war of aggression in Ukraine – contains social explosives is real.
Even if it is not the original task of a savings bank president to warn against this, he should still be heard.