Word: municheer
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...both sides erupted in a bout of frenzied haggling about the rate at which the flimsy East German currency, popularly known as aluminum chips, would be exchanged against the bullish deutsche mark. In the event, both sides felt vaguely cheated. The day after an agreement was finally signed, a Munich paper ran the headline, A NICE START: EAST GERMAN GOVERNMENT SWINDLING US FOR 7.5 BILLION...
...real measure of wealth lies in its breadth and depth. More than 2 million people, many only in their 30s, are deutsche mark millionaires. This is the first German generation in this century to actually inherit wealth. "Earlier generations," says Edith Hartl, a self-made businesswoman in Munich, "were wiped out by Weimar inflation or war. Today's 30-year-olds are inheriting all the fruits of the economic miracle...
They have no qualms about spending the inheritance. Sabena Knust, owner of a Munich art gallery, says lots of money is being poured into modern art: an original painting by a contemporary artist goes for $50,000, a print for $4,000. Regina Spelman, an editor at the German-language Harper's Bazaar, sees vast amounts being spent on apparel: "Germans use clothes to define their place in society and are willing to spend a lot to make a statement." Hamburg Designer Peter Schmidt notes that "people are willing to pay to surround themselves with well-designed things." Kurt Gustmann...
...cornucopia of wealth and well-being has brought some strange insecurities. "Luxus is a way of trying to making yourself different from others," complains Munich socialite Heidi Schoeller, the wife of a banker. "Money doesn't mean very much in a society where everyone...
That is a partial tally of deliberate affronts to the audience in 15 acclaimed stage shows from East and West Berlin, Munich, Hamburg, Bremen, Bochum and Schwerin. All were imported for, or staged locally to enrich, last month's Berlin Theatertreffen, the city's 27th annual festival of productions from around the German-speaking world. Although the doctrinaire Marxism of Bertolt Brecht, Germany's greatest 20th century playwright, has fallen out of fashion, his zeal to shake up bourgeois spectators still seems to inspire his artistic successors...