Nobel Laureate Lars Peter Hansen on Global Economic Growth

The video explores the interplay between macroeconomic data and markets, focusing on uncertainty, systemic risk, and asset value fragility. It discusses China's systemic risk, shadow banking, and financial market liberalization. The video also analyzes monetary and fiscal policy challenges, emphasizing the need for a balanced approach. Geopolitical risks, particularly North Korea, and the implications of US tax policy are examined, highlighting their impact on the global economy.

What are the implications of long-term uncertainty in the macro economy on market behavior?

In what ways can systemic risk be defined and measured according to the text?

What challenges does China face in balancing financial stability and growth opportunities?

How does the interplay between fiscal challenges and monetary policy affect economic stability?

What role does geopolitical risk play in market pricing according to the discussion?

What are the potential effects of the recent tax overhaul in the US on the economy?

How can the government address long-term fiscal challenges related to healthcare?