Muzinich's Pagani: Need Fiscal Stimulus, But Recession Comes 'Eventually'

The video discusses the probability of a recession, highlighting a 25% chance and the impact of the US-China trade war. It compares the economic health of the US and Europe, noting the US's stronger position. The role of central banks is examined, emphasizing their limitations and the need for fiscal and structural policies. The video concludes with a call for fiscal stimulus to prevent a recession, especially in Europe.

What is the estimated probability of a recession according to the speaker?

• 10%

• 50%

• 25%

• 75%

Which region is experiencing a healthier economic condition according to the speaker?

• Europe

• Asia

• United States

• Africa

What is a key limitation of monetary policy as discussed in the video?

• It is not influenced by central banks

• It cannot address all economic issues

• It is always effective

• It can only be used in Europe

What does the speaker suggest is necessary to complement monetary policy?

• More central bank interventions

• Increased trade tariffs

• Higher interest rates

• Fiscal and structural policies

What is suggested as a necessary action to avoid a recession in Europe?

• Reduction in government spending

• Fiscal stimulus

• Increase in trade tariffs

• Higher interest rates