George Soros at INET Hong Kong - The Most Pressing Global Issue?

The video discusses the immediate global financial crisis and the lack of international cooperation. It highlights the widespread adoption of quantitative easing, with the Eurozone being the last to adopt it. The video contrasts Japan's abandonment of a long-standing policy with Germany's imposition of similar policies on Europe, leading to potential instability in global markets. Quantitative easing is described as a form of competitive devaluation, which can be destabilizing if not coordinated.

What is the primary issue discussed in the context of international cooperation?

• Climate change

• Quantitative easing

• Military alliances

• Trade agreements

Which country recently abandoned a long-standing economic policy after 25 years?

• Germany

• China

• United States

• Japan

What policy is Germany imposing on Europe that Japan is trying to escape?

• Currency devaluation

• Trade tariffs

• Austerity measures

• Quantitative easing

What is the indirect effect of quantitative easing on global financial markets?

• Higher interest rates

• Competitive devaluation

• Reduced trade barriers

• Increased inflation

What can make quantitative easing destabilizing if not properly managed?

• Excessive government spending

• Rising commodity prices

• Lack of international coordination

• High unemployment rates