Your reference to the Club Med is really disturbing.
Is it ? I feel sorry for you and your hurt feelings. Have a look at the median wealth per person of Spain, Italy, Portugal and even Greece: higher than that of the Germans. The 2019 numbers in USD are:
F -
101.942
SP - 95.360
I - 91.889
P - 44.025
GR - 40.000
D - 35.313