Start the video at minute 9 and listen till the 24th minute , and then read this article http://blogs.reuters.com/lawrencesummers/2014/01/06/what-to-do-about-secular-stagnation/ (Links to an external site.)
and answer the following question in no more than 400 words:
What is secular stagnation? what are its causes? what are the implications of secular stagnation for the US society well-being and what are the implications in terms of economic policy response, i.e How should we respond to secular stagnation in your opinion?
The video is :https://www.youtube.com/watch?v=5zXQ3cv-Ygc
Do not copy the article