What to Watch for as the Second Quarter Begins

The video discusses the decaying global economy, focusing on commodity prices and their impact on Fed policy. It examines the US economic outlook, highlighting GDP, unemployment, and inflation concerns. The discussion extends to global issues like the Greek debt crisis and the limitations of monetary policy, emphasizing the need for fiscal responses. The video concludes with a call for policymakers to address the decline in world trade.

Discuss the implications of the Greek crisis on global growth as presented in the text.

What are the limitations of monetary policy as described in the discussion?

What is the significance of the drop in world trade mentioned in the text?