Why Theresa May Should Not Rush Brexit

The video discusses the significance of President Trump's first meeting with a foreign leader, focusing on the special relationship with the UK and Brexit's implications. It explores the rise of protectionism and its impact on global trade, highlighting the balance between pro-growth and anti-growth policies. The discussion also covers the role of central banks and fiscal policy in economic growth, emphasizing the need for structural reforms.

What is the significance of President Trump's first meeting with a foreign leader in the White House?

• It marks the beginning of a new trade war.

• It signifies the end of globalization.

• It reaffirms a special relationship and explores new external anchors.

• It is a routine diplomatic meeting with no special significance.

What is the main concern regarding London's financial sector post-Brexit?

• Total relocation of financial institutions to the EU.

• Complete collapse of the financial sector.

• Increased financial regulations.

• Loss of the common passport and diminished importance.

How does the era of politically opportunistic protectionism affect new trade deals?

• It makes new trade deals impossible.

• It encourages more globalization.

• It presents challenges but also opportunities for practical policymaking.

• It has no impact on trade deals.

What is a potential risk of rising protectionism according to the transcript?

• Complete economic stability.

• A low probability but high impact economic rupture.

• Increased globalization.

• No significant economic impact.

What is the balance that will determine the flow of capital and the value of the dollar?

• The balance between public and private sector investments.

• The balance between domestic and international trade.

• The balance between inflation and deflation.

• The balance between pro-growth and anti-growth elements of economic policies.

Why do central banks want to normalize monetary policy?

• To increase the costs and risks of economic policies.

• To rely more on unconventional monetary policies.

• To decrease fiscal stimulus.

• To reduce reliance on central bank stimulus and promote growth through fiscal measures.

What is the Federal Reserve's stance on fiscal and monetary stimulus?

• The Fed wants to eliminate all forms of stimulus.

• The Fed has no preference between fiscal and monetary stimulus.

• The Fed prefers more monetary stimulus and less fiscal stimulus.

• The Fed prefers less monetary stimulus and more fiscal stimulus.