On the Composition of Assets of German Households

In most developed countries interest rates offered by banks on savings accounts these days are pretty much next to nothing. Germany is no exception. Not only is the interest rate zero some German banks have started charging depositors with high cash balances in their accounts. Most savers around the world including Germans would agree paying a …

Continue reading ‘On the Composition of Assets of German Households’ »

Sources of Electricity Generation: Germany vs. USA

Germany produces more than one-third of its electricity from renewable energy sources. This is a huge rise from year 2000 when just 6% of electricity came from renewable sources. Click to enlarge Source: Sea change to Germany’s energy transition as it throws renewables to the open market, DW The Energiewende program that the country implemented a few …

Continue reading ‘Sources of Electricity Generation: Germany vs. USA’ »

Germany’s Major Trade Partners 2015

The U.S. was Germany’s largest trading partner in 2015 according to a report by De Statis. The major trading partners of Germany in 2015 are shown in the chart below: Click to enlarge Source:De Statis Goods worth 173.2 billion euros in exports and imports were traded between Germany and USA. The next major trade partner was France …

Continue reading ‘Germany’s Major Trade Partners 2015’ »

On The Current State Of German Households

The media and the certain sections of public generally focus on macro economic indicators such as GDP in order to discuss the well-being of a country. But how do all the over-hyped figures such as the GDP, GDP Growth Rate, etc. impact the average person on Main Street is important. For instance, the US economy is the largest …

Continue reading ‘On The Current State Of German Households’ »