M&G's Lonergan Sees Rerun of Global Savings Glut

The video discusses Donald Trump's approach to international trade, focusing on his critique of global imbalances and European trade surpluses. It highlights the global savings glut and how European countries, particularly Germany, have been running trade surpluses. Trump's challenge to European fiscal and monetary policies is examined, along with the debate on targeting current accounts. The video also explores China's role in global trade, intellectual property issues, and the potential for cooperation with Europe. Finally, it addresses Germany's economic policies and their impact on Europe.

What challenges does the speaker identify regarding Donald Trump's approach to trade?

What is the significance of the term 'global savings glut' in the context of the discussion?

How does the speaker describe the European fiscal and monetary policy in relation to global demand?

In what ways does the speaker believe Trump is addressing asymmetry in trade behavior?

What are the implications of the current account balance for China as discussed in the text?

What does the speaker suggest about the potential for cooperation between China and the U.S. regarding intellectual property?

How does the speaker view the relationship between Germany and the rest of Europe in terms of trade policies?