This podcast discusses the decline of Germany's export-driven economic model, focusing on the struggles of Ingolstadt, a city heavily reliant on Audi. The report details how decreased demand from China, high energy costs, and potential US tariffs are impacting Audi's profits and Ingolstadt's economy, leading to job cuts and budget shortfalls. The upcoming German election is highlighted, with the economy being the top voter concern, and candidates offering limited solutions beyond incremental changes to the existing model. Economists suggest significant investment in infrastructure and other sectors is needed, but this is not a central theme in the election. The potential for a less prosperous Germany and its impact on Europe are discussed.
