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Art Of Investment: Germans opt for luxury amid crisis
10K 135 208 03:26
Art Of Investment: Germans opt for luxury amid crisis
  • Published_at:2012-07-15
  • Category:News & Politics
  • Channel:RussiaToday
  • tags: RT, Oksana Boyko, economic crisis, financial crisis, debt crisis, Eurozone crisis, spending spree, Germany, vintage cars, real estate, investment opportunities, Dietrich Gotthard Gross, Michael Riedel
  • description: Despite the European financial crisis, Germans are spending great amounts of money on luxury goods. With the euro's future uncertain, Germans are buying into the idea that saving is wasting. They are investing their money in real estate, art and jewelry, which they consider to be more durable. They are also taking the opportunity to invest in home renovations and are splashing out on medical procedures. RT LIVE http://rt.com/on-air Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook http://www.facebook.com/RTnews Follow us on Twitter http://twitter.com/RT_com Follow us on Google+ http://plus.google.com/b/102728491539958529040 RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark
ranked in date views likes Comments ranked in country (#position)
2012-07-18 10,590 135 208 (Russia,#67)