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Business, 19.01.2021 05:30 kkmoney

In East Germany, back before the Berlin wall fell, there was one manufacturer of cars (VEB Sachsenring Automobilwerke Zwickau). They produced one type of car, the Trabant, with a maximum speed of 55 mph (26 horsepower lawnmower type engine). Anyone who wished to buy a car put their name on a list and waited for two or three years to be able to purchase a ‘Trabbi’. Whatever was available when their name came up was what they got--no choice of color, style, or engine size. East Germans were living with what type of economy?

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