CLEAN : New IMF chief on risky corporate debt spending and addressing climate change

The video discusses the potential risks of an economic downturn, highlighting that corporate debt at risk of default could rise significantly. It emphasizes the importance of investing in infrastructure, human capital, and R&D to boost demand and growth potential. The video also stresses the need for global cooperation to address climate change, as it is a crisis affecting everyone. Finally, it notes that while the world economy is still growing, it is doing so too slowly, and complacency must be avoided to meet global aspirations.

What is the potential impact of a major economic downturn on corporate debt?

• Corporate debt would remain stable.

• Corporate debt would be completely eliminated.

• Corporate debt would decrease significantly.

• Corporate debt at risk of default could rise to 19 trillion dollars.

Which countries are mentioned as having space for increased spending?

• United States and Canada

• Brazil and Argentina

• Germany, the Netherlands, and South Korea

• China and Japan

What are the suggested areas for investment to boost demand and growth potential?

• Tourism and hospitality

• Military and defense

• Infrastructure, human capital, and R&D

• Real estate and luxury goods

Why is it important to address climate change collectively?

• Because it is not a significant issue.

• Because it is a crisis where no one is immune.

• Because it can be solved by individual efforts.

• Because it only affects certain countries.

What is the current state of the world economy according to the transcript?

• The world economy is shrinking rapidly.

• The world economy is growing too slowly.

• The world economy is growing at a fast pace.

• The world economy is stagnant.