Nielsen: Dramatic, Upward Drift for Pound in 'Remain'

The video discusses the UK's economic challenges, focusing on currency depreciation and the impact of Brexit. It explores potential models for the UK post-Brexit, comparing it to Switzerland, and predicts currency movements based on referendum outcomes. The discussion highlights the UK's current account deficit and economic uncertainties.

What is one of the major economic challenges the UK faces post-Brexit?

• A surplus in the current account

• The largest current account deficit among major OECD countries

• An increase in foreign investments

• A strong and stable sterling

Why is it unlikely for the UK to adopt a model similar to Switzerland post-Brexit?

• The UK government opposes being part of the internal market

• The UK is keen on contributing to the EU budget

• The UK wants to maintain free movement of labor

• The UK has a strong pro-immigration stance

What is a potential consequence of a vote to remain in the EU for the UK's currency?

• A permanent increase in the pound's value

• No change in the pound's value

• A temporary rally in the pound's value

• A significant depreciation of the pound

How might political events influence the UK's currency in the context of Brexit?

• They have no impact on the currency

• They could lead to a temporary increase in the pound's value

• They cause a permanent depreciation of the pound

• They ensure a stable currency value

What underlying issue does the UK economy face despite potential short-term currency rallies?

• A strong and balanced economy

• Significant economic imbalances

• Stable foreign investments

• A surplus in the budget