Brexit Aftermath: Shock or Crisis Scenario?

The transcript discusses whether current events represent a shock or a crisis, drawing parallels to the 2008 Lehman Brothers collapse. It explores the concept of a 'Lehman moment' as a liquidity crisis and examines the role of central bank policies. The discussion shifts to the political economy, highlighting the rise of populism as a response to sluggish growth and economic imbalances. The potential impact of these factors on future events, such as the US elections, is also considered.

What analogy is used to describe the potential political crisis in 2016?

• A political Lehman

• A technological revolution

• A cultural renaissance

• A financial boom

What was the primary issue during the Lehman moment?

• A technological failure

• A liquidity crisis

• A political scandal

• A natural disaster

How did the market react to the changes in fundamentals according to the second section?

• With panic and chaos

• With indifference

• In an orderly manner

• With rapid growth

What is one of the reasons for the rise of populism mentioned in the third section?

• Environmental changes

• Cultural shifts

• Sluggish economic growth

• Technological advancements

What economic condition can mask imbalances like excessive debt or wealth inequality?

• Stable currency

• Low unemployment

• High inflation

• Strong economic growth