Olaf Scholz makes European security his top priority. Why is the Chancellor avoiding mentioning the consequences for Germany's finances? If Donald Trump returns to the White House, NATO's promise of protection will collapse.

SPIEGEL editor Marina Kormbaki reports on how the “turning point’ is changing not only budget planning, but also the relationship between politics and the arms industry. Listen to the new episode now: “Sstimmenfang’s political podcast.