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Im not trying to sound ignorant, but I feel the countries that can speak german are the ones that can manage money well. The other countries need to get it together.
However, the history of modernity paints a somewhat different picture when you think of the hyperinflation in Germany and the economic crises in German-speaking countries in the first half of the 20th century. Since the introduction of the euro, however, Germany has been very good at cultivating a kind of neo-mercantilism, with a currency that tends to be undervalued and a low-wage sector that is protected by law, which has virtually outperformed all other Europeans
I believe those crisis shaped how German-speaking countries treat their money. They are more frugal as a result. The other day, we had a spring cleaning garbage dump day. So many people are wasteful, dumping couches, tvs, everything. They are just consuming more and more.
the German Bundesbank still holds around 3400 tons of gold. a fairly large amount