Fed to Cut Rates Three Times in 2020, Sri-Kumar Says

The video discusses the Federal Reserve's potential rate cuts in 2020, despite previous promises not to cut before elections. It highlights the Fed's failure to meet inflation targets and its impact on the equity market, likening it to a Ponzi scheme. The discussion also covers the global economic convergence, with the US and other major economies slowing down, leading to a predicted global growth rate below 3% as per the IMF.

In what way does the speaker describe the economic situation in 2019 compared to the expectations for 2020?

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What does the speaker suggest about the global economic growth in relation to the US economy?

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