Citi's Mann Says Obvious Brexit Option Is to Stop the Clock March 29

The video discusses the unexpected UK GDP figures and the ongoing impact of Brexit on business investment. It highlights the erosion of business confidence and the potential economic consequences of a 'crash out' scenario. The discussion then shifts to disinflation trends in Germany and Europe, noting the counterbalance of wage inflation against weak industrial production. Finally, the video addresses the challenges faced by the Euro area, including the lack of fiscal and banking union, and the need for reforms to address differential business cycles and external pressures.

Discuss the character of disinflation in Germany and its impact on the European economy.

What challenges does the euro area face in terms of fiscal and banking union?