Could ‘Brexit’ Throw the U.K. Back Into Recession?

The transcript discusses the potential economic impacts of Brexit, including recession risks and market reactions. It compares Brexit to Greenland's exit from the EU and the UK's economic state in the 1980s. The discussion covers possible outcomes, such as becoming an associate EU member like Norway, and the effects on currency and investments, particularly UK gilts.

What is a major concern for the UK economy if Brexit occurs?

• Risk of recession

• Immediate economic growth

• Short-term trade benefits

• Increase in foreign investments

Which country is mentioned as a precedent for Brexit, and what was their main negotiation point?

• Iceland, trade agreements

• Greenland, fishing rights

• Norway, oil rights

• Switzerland, banking regulations

What is a potential outcome for the UK after Brexit, according to the discussion?

• Forming a new trade union with the US

• Joining the Eurozone

• Becoming an associate member like Norway

• Complete isolation from the EU

How might Brexit impact the value of the pound?

• It will likely be hit

• It will remain stable

• It will have no impact

• It will strengthen significantly

What is a concern for UK gilts in the event of a recession risk due to Brexit?

• Who will buy the gilts

• Decreased interest rates

• Increased demand from international investors

• Immediate rise in value