Greenspan Warns of Coming Stagflation

Greenspan Warns of Coming Stagflation

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses concerns about the US budget deficit and potential stagflation, highlighting interviews with experts who warn about the economic impact of entitlement programs and mounting national debt. It also covers political dynamics affecting fiscal policy, with references to past political movements like the Tea Party. Experts like Paul Krugman and Kyle Bass express concerns about a possible recession, while the video also touches on the significant interest rates and debt figures the US faces.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main concern expressed in the telephone interview mentioned in the first section?

The budget deficit and stagflation

The rise of new technology

The decline in education standards

The increase in global trade

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which political group was mentioned as having quieted down in recent years?

The Green Party

The Libertarian Party

The Tea Party

The Democratic Socialists

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are some of the economists mentioned as warning about a potential recession?

Janet Yellen and Ben Bernanke

Warren Buffett and Charlie Munger

Milton Friedman and John Keynes

Paul Krugman and Kyle Bass

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the daily interest rate the US is paying on its debt, as mentioned in the final section?

$2 billion

$750 million

$1 billion

$500 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what year is the US expected to hit a trillion-dollar debt, according to the discussion?

2023

2020

2021

2022