Lawrence Summers on the Risks of President-Elect Trump

The transcript discusses the potential risks and impacts of Donald Trump's presidency on the U.S. and global economy. It highlights geopolitical and economic concerns, including protectionism and trade wars, and the business community's response. The discussion also touches on economic theories, checks and balances, and the role of currency manipulation in trade relations with China.

In what ways does the speaker believe the business community may regret their current stance?

What are the potential consequences of protectionist policies as outlined in the text?

What is the speaker's perspective on the checks and balances in the current political climate?

What does the speaker suggest about the future of the global economic system under Trump's administration?