We Are Fundamentally Negative on the U.S. Dollar, Says ING's Patel

We Are Fundamentally Negative on the U.S. Dollar, Says ING's Patel

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the parabolic rise of US debt and its potential impact on the economy. It highlights a report by Mark Cudmore and the M live team, which states that US debt payments could equate to $1600 per person. The discussion includes a comparison of US debt with that of China and Italy, and the potential dominance of debt in 2019. The video also explores the implications for the dollar and financial markets, emphasizing the importance of financing difficulties and the effects of tax stimulus. It concludes with predictions of a gradual depreciation of the dollar and the end of the growth stimulus.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the US debt being described as going parabolic?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do the equivalent debt payments in the US compare to the population?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the negative outlook on the dollar mentioned in the text?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the term 'twin deficit story' refer to in the context of the dollar?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential changes to the dollar cycle are expected in 2019?

Evaluate responses using AI:

OFF