How to Prepare for Something as Big as Brexit

The video discusses the global economic environment, highlighting the positive impact of falling oil prices on consumer products and the challenges faced by energy companies and banks. It addresses the unpredictability of economic shocks, using Brexit as an example, and presents differing views on Brexit's potential impact on the European Union, with some seeing it as an opportunity for a more cohesive political union.

What is one reason consumer products are performing well globally?

• Fall in oil prices

• Rise in energy costs

• Decrease in consumer spending

• Increase in oil prices

What is a major challenge faced by energy companies according to the video?

• Cost-cutting measures

• Increasing demand for oil

• Expansion into new markets

• Rising profits

Why is it difficult to predict economic shocks?

• They are always discussed in advance

• They are rare and unexpected

• They are often anticipated

• They occur regularly

What is one way Brexit is viewed by some political leaders in Europe?

• As a threat to the EU

• As an opportunity for a stronger union

• As a minor political event

• As a guaranteed outcome

What is the speaker's personal view on the likelihood of Brexit happening?

• It is inevitable

• It will definitely happen

• It is unlikely to happen

• It has already happened