Hope and Worry for Prospect of Trump Fiscal Policy

The video discusses fiscal policy in Japan and the US, highlighting potential stimulus under Trump's presidency. It examines the role of Congress in enabling fiscal stimulus and the global commitment to budget expansion in 2017. The uncertainty surrounding US fiscal stimulus is emphasized, with potential consequences for currency movements and infrastructure investments.

What is a potential concern regarding the fiscal stimulus under a Trump presidency?

• It will lead to a decrease in inflation.

• It will only benefit the technology sector.

• It could be funded by tax cuts, making it unsustainable.

• It might be too small to have an impact.

Which countries have committed to expanding their budgets in the coming year?

• Japan, Canada, the UK, and Italy

• Australia, New Zealand, South Africa, and Mexico

• China, India, Brazil, and Russia

• Spain, Portugal, Greece, and Turkey

What is the potential consequence if the US experiences a political split between Congress and the President?

• Negative impacts on the US and global economy

• A boost in US economic growth

• Increased global cooperation

• A rise in US exports

What is the main uncertainty regarding US fiscal policy?

• Whether it will focus on healthcare

• If it will be supported by the European Union

• If it will be a large, irresponsibly funded stimulus

• Whether it will lead to a decrease in taxes

What is a potential outcome if the US does not implement fiscal stimulus?

• Stability in global currency markets

• Increased global inflation

• Significant currency fluctuations

• A decrease in global trade