Buiter: Economy Could Have Some Improvement Under Trump

The transcript discusses the potential impact of fiscal stimulus under Donald Trump's administration, focusing on infrastructure spending, tax cuts, and deregulation. It highlights the challenges of funding these initiatives and the potential market reactions. The discussion also covers political dynamics, regime change, and the implications for inflation and business confidence.

What does the term 'regime change' refer to in the context of economic policy as discussed in the text?

According to the text, what are the implications of increasing borrowing costs for the federal government?