Buiter: Fiscal Stimulus Will Be Some Time in Coming

The transcript discusses the global recession, US fiscal stimulus, and the limited impact of corporate tax cuts. It explores trade policies, the shift from globalization to bilateralism, and the potential deglobalization process. The impact of the US election on Brexit and the UK economy is analyzed, highlighting the challenges of negotiating trade agreements. The societal reactions to political shocks like Brexit and Trump's election are examined, emphasizing the disconnect between elites and the general population.

How does the speaker perceive the relationship between the US and the UK after Trump's election?

What role does disbelief play in the current political climate according to the speaker?

What insights does the speaker provide about the disconnect between elite commentators and the general public?