No-Deal Brexit `Not the End of the World' for U.K.: Deutsche Bank

The video discusses the recent failure of UK lawmakers to block Boris Johnson's plan to suspend Parliament, with a focus on the potential economic impacts of a no deal Brexit. David Folkerts Landau, Deutsche Bank's chief economist, shares his views on the resilience of the UK economy, predicting short-term volatility but a medium-term recovery. The discussion also covers the expected fluctuations in the pound's value, emphasizing the distinction between short-term volatility and long-term valuation of UK assets.

What recent event involving UK lawmakers is discussed in the video?

• UK lawmakers lost the bid to block Boris Johnson's Parliament plan.

• UK lawmakers were indifferent to Boris Johnson's Parliament plan.

• UK lawmakers successfully blocked Boris Johnson's Parliament plan.

• UK lawmakers decided to support Boris Johnson's Parliament plan.

According to David Folkerts Landau, what is the long-term outlook for the UK economy post-Brexit?

• The UK economy will collapse.

• The UK economy will remain stagnant.

• The UK economy will perform well in the medium term.

• The UK economy will face continuous decline.

What is David Folkerts Landau's perspective on a no-deal Brexit?

• It will have no impact on the UK economy.

• It is not the end of the world and the UK will recover.

• It will cause irreversible damage to the UK economy.

• It is the end of the world for the UK.

What does David Folkerts Landau predict about the British pound in the short term?

• The pound will remain stable.

• The pound will experience significant volatility.

• The pound will immediately strengthen.

• The pound will lose all value.

In the medium term, what does David Folkerts Landau expect for the British pound?

• The pound will continue to decline.

• The pound will recover to the 130s.

• The pound will stabilize at a lower value.

• The pound will become obsolete.