Pimco's Roman Says Trade War May Push U.S. Into Recession

The video discusses the ongoing US-China trade war, likening it to the Cold War, and predicts a slowdown in the US economy with potential recession risks. It also examines the impact of Brexit and Jeremy Corbyn's policies on the UK economy, emphasizing the need for resolution in the fragmented political landscape.

What is the speaker's view on government efficiency in managing economic matters?

What does the speaker suggest is necessary for resolving the current political situation?