My experience is incomplete I will admit and possibly outdated besides, however I speak German, regularly consume a fair about of German news, and I spent a few months living in Munich. The attitude I've observed, especially among older Germans, is that buying with credit is a moral shortcoming while paying with cash is virtuous. High interest rates are considered good because they reward savers, conversely people complain about low interest rates as an injustice.
Also, Germany has the 3rd largest economy in the world, so not as large as the US or China, but I wouldn't exactly call them "small" economically.
> Also, Germany has the 3rd largest economy in the world, so not as large as the US or China, but I wouldn't exactly call them "small" economically.
US GDP: $28.7T
China GDP: $18.5T
Germany: $4.5T
Also, Germany is relatively small when it comes to land area, has to import most of the raw materials, and heavily relies on subcontractors from China. They do not really play in the same league as US and China.
Also, Germany has the 3rd largest economy in the world, so not as large as the US or China, but I wouldn't exactly call them "small" economically.