Germany is not in a good place economically

Once the powerhouse or engine of Europe.  Now Germany is not in a good place economically.  GDP shrank again in the second quarter and all the certainties which drove the German economy appear to be dissolving:  China is no longer snapping up luxury German exports and the Americans are slapping tariffs on German cars and steel.  So what can the newly elected Friederich Merz do as chancellor to turn things around?  Joe discusses this and more with Michael Harbisch from Cantor Fitzgerald in Frankfurt.