Deflation Contagion Gaining Strength: Blanchflower

The video discusses economic challenges in Europe, focusing on infrastructure spending, fiscal and monetary policy reforms, and the role of the ECB. It highlights Germany's economic situation, the impact on London's housing market, and the effect on mergers and acquisitions. The urgency for reforms and the challenges faced by the banking system are emphasized.

What challenges does the speaker mention regarding the European Central Bank's response to economic issues?

What potential catalysts for change in Europe are mentioned in the text?

How does the speaker relate the situation in London to the broader economic context?