Currency Wars Are Off the Table for Now: Gilbert

The video discusses global economic challenges, focusing on Japan's fiscal policies and the potential loss of independence. It explores the concept of currency wars and the challenges faced by central banks like the Fed and ECB in managing bond portfolios. The discussion also covers economic revival strategies, potential financial risks, and compares employment figures and easing policies in Japan and the US.

What are the potential consequences of Japan not raising consumption tax as mentioned in the text?

How does the text describe the relationship between fiscal spending and economic revival?

What concerns are raised regarding the Fed's bond portfolio and its impact on the economy?

Discuss the implications of the 'new normal' mentioned in relation to global markets.

What are the challenges mentioned in the text regarding unhooking the economic support system?