Roubini: Trump a Contradiction on Populism, Trickle-Down

The video discusses the new US trade representative and the shift towards neo-mercantilism, highlighting global political trends and the backlash against globalization. It examines the contradictions in US economic policies, particularly the tension between populist trade stances and traditional Republican economic policies. The impact of Brexit on the UK and Europe is analyzed, along with skepticism towards global reform efforts. Finally, Turkey's political and economic challenges are explored, emphasizing its move towards authoritarianism.

What is the primary focus of the new U.S. trade representative under the Trump administration?

• Reducing corporate taxes globally

• Increasing tariffs on all imports

• Using American power to incentivize job creation in the U.S.

• Promoting free trade agreements

Which global phenomenon is highlighted as contributing to the rise of populist leaders?

• Increased immigration

• Technological advancements

• Climate change

• Backlash against trade and globalization

What is the contradiction in Trump's economic policies as discussed?

• Supporting free trade while imposing tariffs

• Increasing taxes while reducing government spending

• Favoring the rich while being populist on trade

• Promoting globalization while restricting immigration

What is the expected outcome of Brexit negotiations according to the discussion?

• Strengthened UK-EU relations

• Immediate economic growth for the UK

• Limited market access for the UK post-Brexit

• Quick and favorable trade deals for the UK

What is the potential risk for Europe if populist leaders gain power?

• Disintegration of the eurozone

• Strengthened EU integration

• Economic growth in the eurozone

• Increased trade with the U.S.

Which country is mentioned as attempting significant structural reforms?

• China

• Italy

• France

• Germany

What political direction is Turkey moving towards according to the discussion?

• Democratic reforms

• Economic liberalization

• Authoritarian leadership

• Increased EU integration