Tom Fairless, a WSJ reporter specializing in the German economy, breaks down the alarming downturn plaguing Germany, traditionally a manufacturing powerhouse. He discusses how the current economic model is faltering with no clear alternatives in sight ahead of elections. Fairless highlights the struggles of towns like Ingolstadt, heavily reliant on major industries, drawing parallels to Detroit's collapse. The conversation also delves into the political implications as voters grow increasingly anxious about unemployment and the need for substantial reforms.
