What Happened to Euro, Dollar Parity?

The video discusses the weaker euro and its implications on global markets, highlighting the lack of capital outflow from Europe and the impact of deflation versus inflation dynamics. It also covers the need for fiscal policy intervention by governments, particularly in Japan and Germany, to address potential global economic challenges.

What challenges does Japan face in terms of its currency and economic policy?

What actions are being called for by the IMF and OECD regarding fiscal policy?