Episode 381 • • 2:07:51 - 2:12:20
381: Acquisition Malpractice
German Economic Success, Deutsche Mark Rumors and Herrenknecht
The hosts examine a PBS report on the German "Mittelstand" (medium-sized family firms) and their role in the country's export success. They mock a specific quote about making "the thing that goes inside the thing" and point out that the featured "small family firm" is actually Herrenknecht, a $1.5 billion global leader in tunnel boring machines. Rumors of Germany secretly printing Deutsche Marks in preparation for a Euro collapse are also mentioned.