S&P's Gill on Trump, U.K. Growth, U.K.'s Credit Rating

The transcript discusses the economic implications of Trump's policies, Brexit, and geopolitical risks. It covers the potential impact of Trump's fiscal program, including tax cuts and infrastructure spending, and the challenges of implementing these policies. The discussion also highlights the geopolitical risks from events like Brexit and European elections, and their effects on global economies. The UK's economic outlook post-Brexit, including borrowing and credit rating concerns, is analyzed. Finally, the transcript explores global fiscal policies, debt management, and their implications for economic growth.

What is one of the main challenges in implementing Trump's infrastructure spending plan?

• Opposition from the Federal Reserve

• High inflation rates

• Lack of public support

• Insufficient funding

What significant political event in 2016 is considered a 'Black Swan' event?

• The Italian referendum

• The French presidential election

• Brexit

• The German parliamentary election

How has Brexit affected the UK's economic growth prospects?

• Maintained growth at 2%

• No impact on growth

• Increased growth to 3%

• Reduced growth closer to 1%

What is a potential risk to the UK's credit rating post-Brexit?

• Loss of reserve status for sterling

• Decrease in public debt

• Increase in foreign investments

• Surplus in trade balance

Which country is mentioned as having used fiscal stimulus to drive growth in 2008?

• United States

• China

• Germany

• Japan

What is the expected impact of increased infrastructure spending in the UK?

• Decrease in economic growth

• No change in growth prospects

• Improvement in growth prospects

• Increase in inflation

What is a common theme among major economies like the US and Japan regarding fiscal policy?

• Increase in interest rates

• Implementation of fiscal stimulus packages

• Reduction in fiscal spending

• Focus on monetary policy