Powell Is One of the Weakest Chairs the FOMC Has Had, Says Milken Institute’s Lee

The video discusses global economic weaknesses, focusing on the lack of business investment and the US deficit. It highlights the Federal Reserve's role and challenges, particularly Chair Powell's difficulties in achieving consensus. The repo market issues and potential solutions are explored, emphasizing the need for a permanent repo facility. The importance of productivity growth and business investment is stressed, alongside the necessity for fiscal stimulus in the US, Germany, and China. China's economic challenges, including inefficient state-owned enterprises and a thriving private sector, are also examined.

What measures does the speaker suggest to improve business investment?

How does the speaker view the effectiveness of fiscal stimulus in Germany and China?

What challenges does China face in the next decade according to the speaker?