Growing Pains Continue in Europe

The video discusses the weak economic growth in Europe, highlighting Italy's recession and low growth rates. It explains the phenomenon of negative interest rates in several countries, where investors pay governments to hold their money. The video also covers changes in credit ratings in Europe, with Finland's rating being downgraded and only Luxembourg and Germany retaining AAA ratings. In the US, the economic outlook is stable, with consumer spending expected to grow due to job growth, falling gas prices, and low borrowing costs.

What is the current growth rate in Italy as mentioned in the text?

Which countries have negative rates on their two-year government debt?

What recent change did Standard and Poors make regarding Finland's credit rating?

What is the significance of the 11 trillion dollars mentioned in the text?

How is consumer spending expected to change next year according to the latest Bloomberg survey?