Harvard’s Rogoff Sees a Lot of Tough Times Ahead for U.S. Economy

The video discusses the challenges of overcoming debt and achieving economic growth, especially during the pandemic. The speaker is optimistic about long-term global growth and technology but acknowledges current difficulties, particularly for small and medium-sized enterprises. The future economic outlook is uncertain, with potential setbacks before recovery, possibly extending beyond 2021.

What is the speaker's outlook on long-term global economic growth?

• Pessimistic

• Uncertain

• Optimistic

• Neutral

How does the speaker view the current situation for small and medium-sized enterprises?

• They are thriving

• They are facing a disaster

• They are unaffected

• They are growing rapidly

What is the speaker's perspective on the immediate future of the economy?

• It will improve quickly

• It will get worse before it gets better

• It will see rapid growth

• It will remain stable

According to the speaker, what is a significant challenge for the economy right now?

• Lack of technological advancement

• High competition

• Job losses and difficulty finding employment

• Excessive government intervention

What does the speaker suggest about the timeline for economic recovery?

• Recovery is not possible

• Recovery will be immediate

• Recovery will take at least until the end of 2021 or longer

• Recovery will happen by mid-2021