King: Low Growth a Reality for Next Four-Five Years

The video discusses the challenges of policy coordination in today's global economy compared to the 1980s. It highlights the historical context of the Plaza Accord and the currency misalignments of that era. The current economic environment is characterized by weak growth and a lack of consensus on solutions. The discussion also touches on the potential for a recession and the need for a rethink of economic strategies to address productivity issues.

What are the implications of the differing views on fiscal stimulus between the US, China, and Germany?

What role does productivity growth play in the economic outlook for the next four to five years?