Point of no return
Volkswagen has thrown in the towel. Is this the beginning of the end for the German economy? Volkswagen is planning to eliminate up to 100,000 jobs. It is the most devastating blow yet to the stomach of Germany's believers in the green transformation, climate crusaders, and eco-socialists. Whether this shock will be enough to force the country onto a new political course, however, remains an open question. Volkswagen is far more than just another German automaker. The Wolfsburg-based company symbolizes both the extraordinary heights and the painful decline of modern Germany. It embodies the country's moral failures born of political...


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