The NYT takes a look at Germany’s small businesses:

In fact, the Germany economy sometimes resembles one big Mittelstand company: it is built for stability more than growth. Debt is bad, prudence a higher virtue than profit.

Just search for ‘Mitelstand’ in Google and you will find dozens of articles written about the strength of those small and medium sized businesses that are building the solid foundation for a healthy economy.

“You can only wear one pair of pants. The second one is in the closet and you don’t need the third.”