CLEAN : Big Short star Steve Eisman says next crisis is hard to predict

The video discusses the current global industrial recession and its impact on economic growth. It highlights the importance of income distribution in driving growth, suggesting that a more equal distribution could lead to faster economic expansion. The speaker predicts that future economic downturns will not cause systemic financial crises but will be typical recessions. The video also touches on the political landscape, particularly the potential impact of a Trump versus Elizabeth Warren election on the economy.

What does the speaker identify as a key factor for achieving higher economic growth?

• Changing the distribution of income

• Enhancing technological innovation

• Increasing government spending

• Reducing interest rates

According to the speaker, what is unlikely to cause a systemic financial crisis in the future?

• A global industrial recession

• A normal garden variety recession

• A trade war

• An election

Why does the speaker believe that growth in the US tends to be slow?

• Low levels of technological innovation

• Strict environmental regulations

• Unequal distribution of income

• High levels of government debt

What does the speaker suggest would happen if income distribution were more equal?

• The economy would grow slower

• Inflation would increase

• People would save more

• The economy would grow faster

Which political scenario does the speaker describe as a significant event in U.S. history?

• A trade war resolution

• Trump versus Elizabeth Warren

• A moderate versus Trump

• A new technological breakthrough