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The John Batchelor Show

S8 Ep200: Judy Dempsey addresses the industrial crisis in Germany, specifically the auto industry's struggle against Chinese electric vehicles. She notes that Chancellor Merz is avoiding necessary pension reforms due to political pressure, while the rise of the AfD

The John Batchelor Show

John Batchelor

Arts, Books, News, Society & Culture

4.52.8K Ratings

🗓️ 17 December 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

Judy Dempsey addresses the industrial crisis in Germany, specifically the auto industry's struggle against Chinese electric vehicles. She notes that Chancellor Merz is avoiding necessary pension reforms due to political pressure, while the rise of the AfD and a shifting transatlantic relationship further complicate Germany's economic stability.
1860 BECHTESGADEN

Transcript

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0:00.0

This is CBSI on the world.

0:06.6

Judy Dempsey of the Carnegie Endowment for International Peace.

0:09.4

My eyes on the European Union.

0:12.2

Judy travels Europe has for many years.

0:14.2

She's a European.

0:15.5

I am not.

0:16.2

I'm none of those things.

0:17.4

I have come and gone as a tourist over many decades, but I do not have a sense

0:22.8

of German economy or the French economy. All I know is sometimes I have enough words to get

0:28.7

in and out of a hotel. So I turn to the Financial Times to ask the big question. There is no European

0:35.8

industrial crisis goes to the assertion duty.

0:38.7

There's only a German industrial crisis.

0:41.9

Now, that sweeping remark was made weeks ago by the Financial Times.

0:47.2

Is it accurate?

0:48.6

Is Germany both the trouble and the solution for the apparent slowdown and inability to move in Europe.

0:59.5

Oh gosh. This is very difficult because you're forgetting about the troubles

1:03.7

that President Emmanuel Macron of France has. I mean, France is just in paralysis at the

1:08.9

moment. No reforms, no pension reforms, no infrastructure reforms.

1:12.7

And Macron is no longer a player.

1:15.3

I mean, he's got less than two years as president,

1:19.0

but he's simply not a player because the French economy is in such bad shape with lack of reforms.

1:24.5

Coming back to Germany, Germany does matter.

...

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