Eurozone Fiscal Stimulus Would Go a Long Way, JPM's Lebovitz Says

The video discusses the European Central Bank's (ECB) role in fiscal stimulus, highlighting Germany's economic challenges and the weak manufacturing sector. It explores the ECB's monetary policy, including negative rates and quantitative easing, and their limited impact on structural issues. The discussion emphasizes the negative effects of negative rates on the banking sector and the potential benefits of infrastructure stimulus. The video concludes with the need for economic resilience and addressing overbanking in Europe.

In what ways could infrastructure stimulus contribute to the recovery of the banking sector?

What are the implications of having a large number of non-performing loans in the European financial system?