Tuesday, June 27, 2006

767,000 High Net Worth Individuals

Look, I read the papers. I watch the news. I know the deal. I knew that Germany was hurting, but up until now I had no idea just how much. But now it’s out. According to a shocking report released by Merrill Lynch, just a mere 767,000 Germans are dollar millionaires in this country. That’s roughly 1 out of every 100 Germans. Let me repeat that: That’s roughly 1 out of every 100 Germans. I’m speechless. I had no idea. I am like so sorry.

There are more frigging millionaires here than anywhere else in the world apart from the US and Japan. I'm like neidisch already.

Like I said, I knew that Germany was hurting, but up until now I had no idea just how much. How little, I mean. Man, these folks aren’t hurting at all.

Hast du was, bist du was.

Kommentare auf Deutsch? Logisch.

Posted by clarsonimus at 05:13:27 | Permanent Link | Comments (5) |
Comments
1 - Yeah, but that is on paper. Most people are not going to morgage their house to pay for groceries. (Comment this)

Written by: AmaniS at 2006/06/27 - 10:59:00
2 - How much of that is real money and how much is (I assume) insane property prices? I'm thinking for a lot of them it's like being a California millionaire - "what? that dump you live in is worth a million bucks?". (Comment this)

Written by: Jay at 2006/06/27 - 11:37:19
3 - Two "Nations" with 100 people each, a total property of $ 1.000.000.- and an average life cost of $ 5.000.- for basic needs.
In 1st Nation one has all and 99 have nothing. In 2nd Nation each has a property of somewhat between $ 5.000.- and $ 15.000.-
Where would you prefere to live, even if you could be the millionaire?
Don't get me wrong here: it's only about the fact that the number of millionaires doesn't say anything about the general condition of a nation.
Nevertheless you are right referring to the ridiculous moaning of many here, but for other reasons. I only say "Needfull Things" (the movie, I mean). (Comment this)

Written by: norbert at 2006/06/27 - 12:30:52
4 - I suppose now they'll raise the taxes again - for the other 99 out of the 100. (Comment this)

Written by: indeterminacy at 2006/06/27 - 17:43:23
5 - Of course German millionaires are not evil like American millionaires. Europeans are perfect in all ways! (Comment this)

Written by: Michelle at 2006/06/29 - 04:21:36
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