IIF President on Global Economy, Recession, Climate

The video discusses the need to reverse past economic policies and move towards a new normal. It highlights the impact of cheap liquidity on zombie companies and the role of politicians in economic decisions. The reputation of financial institutions and global economic challenges are examined, along with the necessity for banking consolidation in Europe. Finally, the video addresses energy policy and its importance in solidifying American leadership.

What is meant by 'zombie companies' and what role do they play in the current economic landscape?

In what ways does the Biden administration need to address energy concerns to solidify American leadership?