Roubini Says Hopes of a V-Shaped Virus Recovery Are Delusional

The video discusses the potential contraction of the Chinese economy and its implications for global growth. It examines the impact of fiscal and monetary policies in response to economic challenges, highlighting the limitations of these measures. The concept of transitory economic shocks is explored, emphasizing the long-term effects of global events like pandemics on supply chains and consumer confidence.

What is the expected best-case growth scenario for China according to the speaker?

• 5.5%

• 6%

• 4%

• 2.5%

Which country is expected to have some fiscal stimulus according to the speaker?

• Japan

• United States

• Italy

• Germany

What is the speaker's view on the effectiveness of monetary policy in the face of a negative supply shock?

• Highly effective

• Moderately effective

• Slightly effective

• Ineffective

How does the speaker compare the current situation to the SARS outbreak?

• Equally severe

• More severe

• Less severe

• Similar in scale

What is the expected impact on consumer confidence due to the current global situation?

• Slight decrease

• No change

• Collapse

• Increase