German Government Must Urge Consumers Not to Change Habits: DIW

The transcript discusses the challenges of containing a virus and the need for fiscal stimulus. It highlights the internal political struggles in Berlin regarding fiscal priorities and the importance of building confidence to prevent negative economic behavior. The government is urged to take decisive action to support companies and consumers, emphasizing the need for smart spending and maintaining economic stability.

What is the primary focus of the G7 statement anticipation discussed in the video?

• The role of technology in the economy

• The impact on global trade

• The containment of the virus

• The need for a fiscal stimulus

What is the 'black zero' policy mentioned in the video?

• A policy to increase exports

• A policy to reduce taxes

• A policy to maintain fiscal surpluses

• A policy to increase government spending

What internal struggle is highlighted in the Berlin government regarding fiscal policy?

• Whether to increase taxes

• Whether to cut public services

• Whether to limit the debt break

• Whether to invest in technology

Why is confidence considered crucial in the economic context discussed?

• It reduces the need for fiscal stimulus

• It prevents a self-fulfilling economic downturn

• It helps in increasing exports

• It boosts technological advancements

What role does the government play in maintaining economic confidence according to the video?

• Reassuring companies and consumers to maintain spending

• Increasing taxes on companies

• Reducing public sector jobs

• Encouraging companies to lay off workers