Gallo: Getting Close to Instability, Damaging Policies

The video discusses the proximity to financial instability, highlighting the role of Deutsche Bank and the impact of political uncertainty, such as the Trump advantage and Brexit. It examines global risks, including conflicts in Syria and Turkey, and the role of central banks in managing economic stability. The limitations of monetary policy are addressed, emphasizing the need for government intervention through fiscal policy and infrastructure investment.

What event is compared to the underestimated probability of a Trump advantage?

• The Greek financial crisis

• Brexit in the UK

• The Eurozone crisis

• The US-China trade war

Which country's reserves are mentioned as stable in the discussion of global risks?

• South Africa

• India

• Brazil

• China

What is identified as the only game in town for addressing financial issues?

• Monetary policy by central banks

• Trade agreements

• Tax reforms

• Public-private partnerships

What has the IMF been advocating for to address economic challenges?

• Increased tariffs

• Infrastructure investment

• Higher interest rates

• Stricter immigration policies

Which plan is criticized for not being effectively implemented in Europe?

• The Yunker Plan

• The Marshall Plan

• The Green New Deal

• The Stability and Growth Pact