It's a Very Scary Time, Says Economist Andy Xie

The video discusses the economic challenges following the global financial crisis, focusing on the US-China trade war, liquidity issues, and the deflation of China's property market. It explores the potential devaluation of the renminbi and the impact of tariffs on exchange rates. The discussion also covers government interventions in the equity market to maintain economic stability and confidence.

What major global event is mentioned as having occurred 10 years ago, influencing current economic issues?

• The dot-com bubble

• The global financial crisis

• The European debt crisis

• The Asian financial crisis

What is a significant domestic issue for China mentioned in the second section?

• Deflating property market

• Increasing unemployment

• Growing trade surplus

• Rising inflation

What action might China take to manage its currency in response to economic challenges?

• Weaken the renminbi

• Strengthen the renminbi

• Peg the renminbi to the euro

• Adopt a cryptocurrency

How did the Chinese government respond to the 2015 stock market crash?

• By increasing interest rates

• By stepping in to buy stocks

• By selling off state-owned enterprises

• By devaluing the currency

What is one reason the government might support the stock market, according to the third section?

• To boost investor confidence

• To reduce foreign investment

• To increase tax revenue

• To control inflation