Levels of consumer debt in Germany are remarkably low. German aversion to mortgage debt is part of the reason why the country has some of the lowest homeownership rates in the developed world. Just 33% of Germans said they had a credit card back in 2011. And most of those hardly ever get used. In 2013, only 18% of payments in Germany were made via cards, compared to 50% in France and 59% in the UK. The national preference for cash, then, seems to be the flip side of aversion to debt, which, in turn, can be interpreted as a sign of deep-seated doubt about the future.
Consumer Reports: Samsung phone not actually water-resistant. A water-resistant Samsung Galaxy S7 Edge smartphone is submerged in water Feb. 22, 2016, during a preview of Samsung's flagship store in New York's Meatpacking District. Consumer Reports says a Samsung phone that's advertised as being water-resistant actually isn't. The problem appears limited to the Galaxy S7 Active, a rugged model available only through AT&T in the U.S. The standard S7 and S7 Edge models have the same claims on water resistance and passed tests.
Despite the iPhone's new water resistance, Apple notes that liquid damage is not covered under warranty. iPhone 7 and iPhone 7 Plus are splash, water, and dust resistant and were tested under controlled laboratory conditions with a rating of IP67 under IEC standard 60529.