Gastkommentar: Die Deutschen sparen sich arm
Die Kritiker der Abschaffung der sogenannten Rente mit 63 erreichen genau das Gegenteil dessen, was sie wollen, meint Jörg Rocholl, Mitglied der Rentenkommission.
The Germans are saving money efficiently, yet their wealth remains only average among European nations. While they save conscientiously, the returns on their savings fail to match those in other countries. Their focus on security leads to fewer lucrative investment opportunities. In essence, the Germans create capital through their labor, but fail to let capital work for itself.
The situation is particularly dire on average, but the disparity is even more pronounced across different segments of society. The Bundesbank's data from early in the year revealed that half of Germany's population, particularly the less affluent half, are experiencing a negative real return on their savings. Essentially, the interest earned on their savings is being eroded by inflation.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.