Stupid German Money
Stupid German Money ( English for: 'stupid German money') is a term originally coined by the US film industry for funds from closed media funds in the Germany- specific gray capital market . From the turn of the millennium, these funds were used as a tax-saving model because of their high depreciation options. Most of the money went to American film productions. Due to a change in tax law at the end of 2005, the newly launched media funds no longer brought tax advantages and this form of investment became considerably less attractive.
Later it was polemicized in financial circles that “the Germans are particularly stupid investors internationally” and “invest their money inefficiently and therefore wrongly”. A study by the Deutsche Bundesbank from 2018 refutes this rumor. An expert opinion by the Kiel Institute for the World Economy from 2019 also refutes the statement made by the Stupid German Money .
Individual evidence
- ↑ a b "Stupid German Money" for Hollywood. In: welt.de . March 24, 2007, accessed April 25, 2020 .
- ↑ Matthias Kurp: Media Fund, Stupid German Money '. Tax-saving model supports Hollywood instead of German filmmakers . On: medienmaerkte.de. See the end with “Stupid German Money” . In: Süddeutsche Zeitung, July 24, 2007.
- ↑ Philip Plickert: "Stupid German Money" is a fairy tale. In: FAZ.net . December 17, 2018, accessed April 25, 2020 .
- ↑ Martin Greive: Foreign investments - German money is not stupid. In: handelsblatt.com . November 20, 2018, accessed April 25, 2020 .