Karl-Theodor zu Guttenberg became Germany's youngest Minister of Defense in history, and previously served as Minister of Economics and Technology. He is the chairman and founder of Spitzberg Partners, an investment and advisory firm, a bestselling author, and co-founder of Open Minds Media, where he produces films and podcasts. He co-hosts one of Germany's most popular podcasts.

In this episode of Summation, KT and Auren discuss:

• Why Germany's defense spending hovered at 1% of GDP for decades and what finally forced a change
• The nuclear exit decision that was driven by a single state election and backfired spectacularly
• How Rheinmetall surpassed Volkswagen in market cap and what it signals about Europe's industrial reorientation
• Why Germany's total stock market cap is less than a single US company like Nvidia

You can find Auren Hoffman on X at @auren and Karl-Theodor zu Guttenberg on Linkedin.