Cameron. Merkel Seek Common Ground on Immigration

The transcript discusses the political and economic challenges faced by David Cameron and Angela Merkel, focusing on EU immigration and welfare tourism. It highlights deflation concerns in Europe, the impact of oil prices, and the bond market's outlook. The discussion extends to the economic depression in Greece, varying unemployment rates in the eurozone, and the challenges of setting monetary policy. The potential effects of quantitative easing by the ECB and its market implications are analyzed, along with the US economic outlook amid a strong dollar.

How is the concept of depression defined in the context of the European economy?

What challenges does the diverse economic situation in the eurozone present for monetary policy?

What skepticism exists regarding the effectiveness of quantitative easing (QE) in Europe?