European Economy in Certain Degree of Trouble, SocGen Says

The video discusses the economic uncertainties surrounding Brexit and its potential impact on the UK and EU economies. It highlights the recession risks in Germany due to external shocks like the US-China trade war and Brexit. The discussion also covers the limitations of monetary policy and the need for fiscal intervention, particularly in Germany, where a fiscal expansion may be combined with environmental initiatives.

What is the potential impact of a no-deal Brexit on the UK economy?

• It will stabilize the economy.

• It could lead to a deep recession.

• It will boost the economy.

• It will have no significant impact.

Which country's economic downturn is significantly affecting the EU economy?

• Spain

• Italy

• France

• Germany

What external factors are contributing to Germany's economic challenges?

• Technological advancements

• Brexit and the US-China trade war

• Increased tourism

• Rising oil prices

What has Mario Draghi been advocating for in response to economic challenges?

• More trade agreements

• Higher interest rates

• Fiscal expansion

• Increased monetary policy

What change in Germany might prompt a shift in fiscal policy?

• Increased foreign investment

• A surplus in the budget

• Rising unemployment

• A decrease in exports