PREVIEW: GERMANY/VOLKSWAGEN: Colleague Judy Dempsey of Carnegie Endowment in Berlin explains that the closing of VW plants and laying off of thousands is a political blow to zsaxony, to the country and to Olaf Scholz. More tonight.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 29 October 2024
⏱️ 2 minutes
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1890 Saxony
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| 0:31.0 | Volkswagen has never closed a factory. |
| 0:34.0 | Well, it's about to. |
| 0:35.0 | First time in its 87-year history. |
| 0:38.0 | Thousands of layoffs closed factory. |
| 0:40.0 | Why? |
| 0:41.0 | No business. The business is downturn. |
| 0:42.0 | Why? I learned from Judy Dempsey there is a problem everywhere |
| 0:47.1 | Lack of innovation, lack of competition. I asked so as Judy however. She's at Carnegie Endowment for International Peace |
| 0:55.0 | What about the workers? Where will they go? |
| 0:58.0 | Germany has a different understanding of social contract than the United States. Judy explains, however, doesn't buffer in any |
| 1:08.2 | fashion the blow to German industrialization. That Judy uses a word de-industrialization. |
| 1:14.0 | Judy Dempsey, Carnegie, on the Volkswagen closing, details tonight. |
| 1:19.0 | Well, there's no assurances that are going to find a new job |
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