Harvard's Rogoff Says Odds of U.S. Recession Are Normal

The video discusses the fragility of the global economy, highlighting risks in China, Europe, and emerging markets. It examines the US economic outlook, noting political uncertainties and potential recession risks. The impact of trade wars, particularly between the US and China, is analyzed, with concerns about long-term growth. The limitations of fiscal policy and the Federal Reserve's tools in addressing future recessions are also explored.

What are the main risks to the world economy as discussed in the text?

How does the speaker perceive the US economy's growth in comparison to other economies?

What uncertainties are mentioned regarding the future of the US economy?

What impact do trade wars and tariffs have on the economy according to the text?

What are the limitations of the Federal Reserve's tools in addressing the next recession?