Blanchflower: U.K.'s Johnson May Become Shortest Reigning Premier

The transcript discusses the political chaos in Britain surrounding Brexit, highlighting the potential for a third election in four years and the formation of a coalition against a no deal Brexit. It explores the dynamics of parliamentary votes, the economic implications of Brexit, and the strategies being employed in parliament. The economic outlook is bleak, with recession risks looming due to Brexit uncertainty.

What is the main reason for the coalition forming against a no-deal Brexit?

• Support for Boris Johnson's policies

• Desire for a softer Brexit deal

• Opposition to the Labour Party

• Support for a second referendum

What is the likely outcome if an election is held, according to the discussion?

• A clear majority for the Tories

• A hung parliament

• A landslide victory for Labour

• A decisive win for the Lib Dems

How did the markets react to the developments in Brexit negotiations?

• The pound fell significantly

• The pound rose slightly

• The stock market crashed

• The euro strengthened against the pound

What is the main concern of the Labour Party regarding the timing of an election?

• Holding it before a no-deal Brexit

• Holding it after a no-deal Brexit

• Holding it during the summer

• Holding it in December

What economic indicators suggest a recession might be approaching in the UK?

• Weak manufacturing and construction data

• High inflation and strong retail sales

• Strong services sector and high investment

• Rising GDP and low unemployment

What is the government's plan to counteract the economic slowdown?

• Increase taxes

• Implement austerity measures

• Introduce economic stimulus

• Cut public spending

What is the general sentiment of businesses towards a no-deal Brexit?

• Encouraging

• Indifferent

• Supportive

• Opposed