Roach: Nothing Good Would Come from a Trump Presidency

The video discusses the economic implications of the US election, focusing on GDP trends and consumer behavior. Steven Roach from Yale provides insights into the non-recovery of real GDP and suggests policy prescriptions to boost economic growth. The conversation highlights the challenges faced by the American consumer, influenced by monetary policy and savings behavior. The potential impact of a Trump presidency is speculated, with concerns about fiscal spending and deregulation.

How does the text describe the current state of American consumer behavior?

What is the paradox mentioned in relation to saving and the Federal Reserve's policies?