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The David McWilliams Podcast

Deutschland Dilemma: Voting Blocs, Power Shocks & the Bundeswehr Rocks with Katja Hoyer

The David McWilliams Podcast

David McWilliams

News & Politics

4.6643 Ratings

🗓️ 27 February 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

Germany’s latest election has sent shockwaves across Europe. The CDU has reasserted itself, but the far-right AfD continues to gain ground, fuelled by economic anxieties and social media echo chambers. Meanwhile, younger voters are breaking in radical new directions, young men shifting right, young women embracing the far left. With NATO under strain, America’s global leadership in question, and the war in Ukraine forcing Germany to confront its historical reluctance to lead, Berlin is at the heart of an unfolding geopolitical realignment. As German arms manufacturers see their stock prices soar, the Bundeswehr prepares to fill the security vacuum left by the U.S. withdrawal from Europe. Will Germany finally embrace its role as the continent’s dominant power, or is it doomed to remain an economic giant but a political pygmy? Historian Katja Hoyer joins us to break down the election results, the shifting tides of power in Berlin, and what it all means for the future of the European project. Is this the moment Germany finally steps up, or is Europe heading for a deeper divide?

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Transcript

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0:00.0

Now, a quick heads up on March's book club, and it's a bit of a classic.

0:04.5

It is Manias, Panics and Crashes, written by Charles Kindleberger, probably the best book you will ever read on economic and credit cycles.

0:13.7

That's all for March.

0:15.7

Get reading, and we will talk at the book club, which is on Monday, 24th of March in the evening.

0:23.5

Chat then.

0:26.4

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1:34.0

To understand the economy, you have to understand human nature.

1:39.5

This podcast is powered by ACAST.

1:42.8

How are you doing there?

1:45.1

It is time for the podcast.

1:52.5

This podcast will reflect on the momentous events of the last few days, particularly focused on Germany,

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